Chana Market May Get Support as Prices Remain Below MSP
16-Mar-2026 04:55 PM
Chana Market May Get Support as Prices Remain Below MSP
Chana prices in the domestic market are expected to remain supported in the near term. Since mandi prices are currently trading below the Minimum Support Price (MSP), the possibility of government procurement may limit arrivals in open markets and support prices.
For the 2025–26 season, the MSP of chana has been fixed at ₹5,875 per quintal, while prices in most mandis are still lower than this level. As a result, farmers may prefer selling their produce to government agencies, which could reduce market arrivals and lend support to prices.
In Madhya Pradesh’s Bina market, chana prices increased by ₹100 today to around ₹5,500 per quintal.
In Lalitpur mandi, prices rose by ₹50 to about ₹5,200 per quintal.
In Indore, Vishal variety chana also increased by ₹100 and was quoted around ₹5,500 per quintal.
On 7 March, chana prices in Lalitpur mandi were around ₹5,100 per quintal, while on Friday they were about ₹5,150 per quintal.
In Delhi, new Rajasthan chana was traded around ₹5,800 per quintal today. On Saturday, it was about ₹5,700 per quintal, while last year during the same period prices were around ₹5,525 per quintal.
At Mumbai port, imported Tanzania-origin chana was quoted around ₹5,250 per quintal today, compared to ₹5,225 on Saturday and about ₹5,100 on 7 March.
Similarly, Australian chana was priced around ₹5,475 per quintal today. On Saturday it was about ₹5,450, while on 7 March it was around ₹5,300 per quintal.
What Next?
Imports are expected to remain relatively lower this year, and expectations of government procurement are also supporting market sentiment.
Therefore, chana prices are likely to remain supported at current levels in the near term. However, steady arrivals of the new domestic crop and the availability of imported stocks at ports may limit any sharp rise in prices.