Pulses market subdued amid festivals; tur seen rising in April

26-Mar-2026 01:57 PM

Pulses market subdued amid festivals; tur seen rising in April
★ Across major pulse markets in India, prices remained largely steady as trading activity slowed due to a series of festivals and the financial year-end. Several mandis are either partially closed or witnessing low arrivals, keeping the market sentiment subdued.
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Chana
★ In Indore, bilty Vishal chana was steady at Rs. 5,400–5,450 per quintal, while in Delhi (Rajasthan line) prices were Rs. 5,525–5,550 per quintal. Weak demand and limited trade kept prices unchanged.
★ Demand is expected to improve in April, supported by government procurement at MSP Rs. 5,875 per quintal. Procurement is already underway in Maharashtra, encouraging farmers in other states to participate. However, ample supply is likely to cap any sharp upside.
★ In Mumbai, Tanzania and Australia chana were quoted at Rs. 5,150 and Rs. 5,450 per quintal, respectively.
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Tur (Pigeon Pea)
★ In Akola, new Lal Maruti bilty rose by Rs. 50 to Rs. 7,950 per quintal (condition), while Katni delivery Marathwada quality remained steady at Rs. 7,950 per quintal. Prices are currently stable due to low participation.
★ However, with restocking demand from millers and traders, prices may rise to around Rs. 8,300 per quintal in April. Upside may be limited by fresh arrivals from Myanmar, with import parity around Rs. 8,000 per quintal.
★ In Mumbai, Mozambique tur was steady at Rs. 6,600–6,650, Lemon variety improved to Rs. 7,800, and Chennai prices rose to Rs. 7,575–7,600 per quintal.
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Urad (Black Matpe)
★ In Vijayawada, desi urad fell by Rs. 50 to Rs. 8,150 per quintal, while Akola bilty remained steady at Rs. 8,400. Prices showed little movement due to lack of fresh cues.
★ Summer sowing is progressing well, with acreage up about 12% to 128,000 hectares across key regions like Madhya Pradesh, Bihar, and Gujarat.
★ In the medium term, prices will depend on imports and global supply. Myanmar holds ample stocks, while Brazil’s new crop is estimated at 3,00,000–3,50,000 tonnes.
★ In Chennai, FAQ and SQ prices declined to Rs. 8,050 and Rs. 8,675, while Mumbai FAQ traded at Rs. 8,100 per quintal.
★ The market remains quiet due to holidays and year-end factors. Once normal trading resumes in April, chana may see limited gains, tur is likely to show stronger upside, while urad will depend on imports and new crop dynamics.