News Capsule: Chana – Prices Firm
03-Jan-2026 04:24 PM
News Capsule: Chana – Prices Firm
(MSP Rabi 2026–27: ₹5,875 per quintal)
★ From the end of December to early January, the chana market witnessed mild firmness. However, prices of most varieties are still ruling around or below the MSP. While prices have shown an increase on a daily and monthly basis, the market continues to remain under pressure on a quarterly and annual comparison.
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Domestic Market Situation
★ Delhi–Rajasthan: Prices increased from ₹5,625 to ₹5,775, registering a gain of ₹150. December versus November shows an improvement of ₹75, while prices are ₹25 lower compared to September.
★ Katni Desi: Prices moved up from ₹5,500 to ₹5,625, a rise of ₹125. Prices are higher by ₹125 compared to November but lower by ₹125 compared to September.
★ Latur Annagiri: Prices rose from ₹5,200 to ₹5,375, marking a gain of ₹175. However, prices are ₹125 lower than November and ₹25 lower than September levels.
★ Mumbai Tanzania: Prices increased by ₹150 to ₹5,350. Prices are ₹75 higher than November but ₹100 lower compared to September.
★ Mumbai Australia: Prices moved up from ₹5,400 to ₹5,525, a rise of ₹125. Prices remain ₹25 lower than both November and September.
★ Lalitpur: Prices increased by ₹150 to ₹5,150. Compared to November, prices are higher by ₹150 but are ₹150 lower than September levels.
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Monthly Trend
★ The December 2025 average was ₹125–175 per quintal higher across all major varieties compared to November 2025, indicating some recovery from lower price levels.
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Quarterly and Annual Comparison
★ Compared to September–October 2025, prices in December remain weak in most markets. When compared with the higher levels seen in August 2025, prices of all varieties are significantly lower, reflecting continued supply pressure.
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Conclusion and Outlook
★ Chana prices are still ruling below the MSP of ₹5,875 per quintal.
★ Sowing area is higher than last year, soil moisture conditions are good, and productivity per hectare is expected to improve.
★ Global production is also increasing; however, imports are lower compared to last year. In addition, import duty of 10% on chana and 30% on peas has been imposed.
★ Old stocks at ports and in domestic markets are getting absorbed, while arrivals of the new crop are expected to begin from February.
★ Government procurement could provide support to the market.
★ Considering the above factors, chana prices are expected to remain firm with a positive bias in the coming period.
Important Disclaimer:
This report is for informational purposes only I-Grain India does not take any responsibility for profits or losses and does not promote any specific market movement (bullish or bearish). *Please make decisions based on your own judgment and understanding.