Pulse Market Analysis (29 April vs 05 May 2025)
05-May-2025 06:44 PM
Lentils
Mumbai (Canadian) remained steady at ₹6150, and Mumbai (Australian) at ₹6100.
Ashok Nagar showed a rise from ₹6050 to ₹6300.
The domestic crop is satisfactory, and imported supplies are also available.
Prices may see a slight upward trend.
It remains to be seen how sowing progresses in Australia and Canada.
Desi Chickpeas:
Delhi (Raj.) rose from ₹5750 to ₹5825, while MP variety increased from ₹5650 to ₹5750.
Improved demand supported the market.
Imports from Australia are reducing, and government procurement is ongoing.
Mild price support is expected to continue.
Moong (Green Gram):
Prices in Delhi dropped from ₹7800 on 29 April to ₹7500 on 5 May.
Jodhpur saw minor fluctuations, from ₹7300 to ₹7250.
The decline is due to lower demand and arrival of the new crop.
Given good production, significant price surges are unlikely.
Kabuli Chana (White Chickpeas):
Indore remained steady at ₹8500 throughout the week.
Container size 42/44 fell from ₹11450 to ₹11300.
This suggests a slight weakness in international demand.
Urad (Black Matpe):
Mumbai FAQ ranged between ₹7000-7050 all week. Chennai FAQ saw a slight rise from ₹6850 to ₹6900. Chennai SQ fell from ₹7375 to ₹7300 by Saturday but bounced back to ₹7400 today.
Latur declined from ₹7100 to ₹7000.
Record harvest in Myanmar and local summer crops are expected.
Urad imports could hit record highs this year, likely keeping prices in check.
Peas:
Mumbai (Canada) rose from ₹3650 to ₹3700; Russia origin from ₹3500 to ₹3550.
Kanpur increased consistently from ₹3675 to ₹3800.
Import volumes are declining; government policy on import restrictions will be key.
Prices may get slight support due to domestic demand.
Pigeon Peas:
Mumbai prices dropped from ₹6600 to ₹6500 but closed at ₹6650.
Chennai Lemon variety rose by ₹100 to close at ₹6650.
Latur moved up from ₹7150 to ₹7200.
Imports from Myanmar are ongoing.
Government procurement has been strong this year.
Prices may rise modestly, but pressure could return once government stock sales begin.
Caution is advised—avoid long-term bullish positions.