Gram prices continue to fluctuate as buying remains sluggish

Overview:

Gram prices have shown mixed trends with fluctuations, as demand remains limited. Despite rising imports from Australia, sluggish demand for gram flour and dal has put pressure on the prices, leading to fluctuations across various regions.

Delhi:
The prices for gram in Delhi showed fluctuation, ranging between Rs. 6600-6625 per quintal in the Madhya Pradesh line and Rs. 6700-6725 per quintal in the Rajasthan line at the end of the week. These fluctuations are a result of subdued buying by dal millers and reduced demand for gram dal.

Port Prices:
Due to an increase in imported gram availability, Mumbai saw a decline in gram prices. Tanzania gram dropped by Rs. 100, settling at Rs. 6050, while Australian gram decreased by Rs. 125, ending the week at Rs. 6200-6225 per quintal.

Rajasthan:
In Rajasthan, stockists' increased selling and sluggish demand led to a price drop of Rs. 50-100 per quintal across various cities. The prices at the end of the week were as follows:

• Jodhpur: Rs. 5400-6050
• Jaipur: Rs. 6700-6750
• Bikaner: Rs. 6300-6350
• Kishangarh: Rs. 5500-6250
• Kota: Rs. 5500-6050

Maharashtra:
Maharashtra saw a decrease of Rs. 100-200 per quintal due to weak demand. The prices at the end of the week stood at:

• Solapur: Rs. 6500-6900
• Akola: Rs. 6550-6575
• Nagpur: Rs. 6500-6550
• Udgir: Rs. 5500-6500
• Ahmednagar: Rs. 6100-6300

Madhya Pradesh:
In Madhya Pradesh, gram prices fell by Rs. 50 per quintal due to sluggish demand and stockists' selling. The prices ended the week as follows:

• Ashoknagar: Rs. 6200-6300
• Ganjbasoda: Rs. 5800-6300
• Sagar: Rs. 5800-6250
• Damoh: Rs. 5700-6300
• Katni: Rs. 6550-6600
• Indore: Rs. 6350-6600

Other Regions:
In Raipur, gram prices fell by Rs. 50 per quintal, ending at Rs. 6350-6450. Similarly, Kanpur saw a Rs. 50 decrease, bringing the price to Rs. 6600 per quintal.

Gram Dal:
Due to the overall fall in gram prices and weak demand for dal, prices of gram dal also declined by Rs. 100-200 per quintal. The prices at the end of the week were as follows:

• Delhi: Rs. 7600-8050
• Bhatapara: Rs. 7500-7700
• Katni: Rs. 7825
• Gulbarga: Rs. 8000-8200
• Jalgaon: Rs. 8000
• Indore: Rs. 7600-7800
• Jaipur: Rs. 7500
• Kanpur: Rs. 7800-7850

Conclusion:
The gram market remains under pressure with fluctuating prices due to weak demand, increased imports, and sluggish buying, especially for gram dal and flour. The market will likely continue to experience volatility unless demand picks up.