Desi Chana Prices Surge
21-Jul-2025 09:49 AM
Desi Chana Prices Surge
★ Strong Demand, Sellers Reluctant, Buyers Active
★ Today, Delhi-Rajasthan chana opened at Rs. 6,300/quintal and Madhya Pradesh Chana at Rs. 6,250/quintal— Rs. 100 higher than the previous closing.
★ This marks one of the sharpest spikes in prices in recent times, driven purely by actual demand-supply dynamics.
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Key Reasons Behind the Rally:
★ Rising demand for besan (gram flour)
★ Sharp decline in imports from Australia
★ Active buying, but sellers holding back stock
★ Upcoming festive season expected to push demand further
★ In view of the rising prices, the government may consider steps such as selling chana through tenders and imposing stock limits.
★ However, due to strong demand and lower imports, the impact of these interventions may remain limited.
★ Australia’s new crop is not expected before October, which means prices are unlikely to ease before then.
★ Further price rise is anticipated in the coming weeks as supply tightens and demand remains robust.