Sentiment of Stability or Softness in the Pulses Market

15-Apr-2026 07:47 PM

Mumbai: Due to the availability of adequate stocks, improved supply, and weak seasonal demand, pulse prices are likely to remain soft or stable in the near future, with limited price fluctuations expected.

According to a leading trade association, while Chana (gram) prices may witness some minor ups and downs, the rates for Tur (pigeon pea) and Urad (black gram) are expected to remain soft.

Large-scale buyers are currently showing limited interest in purchasing pulses. The peak consumption season for pulses lies ahead, coinciding with the upcoming period of weddings and auspicious festivities.

As far as Chana is concerned, government procurement of this most significant Rabi-season pulse is currently underway; furthermore, at lower price levels, it is expected to receive buying support from dal millers and stockists.

Although heavy arrivals in the mandis (wholesale markets) may continue to exert some downward pressure on Chana prices, occasional spurts of bullishness could emerge in the market driven by robust buying activity.

The Minimum Support Price (MSP) for Chana has been fixed at ₹5,875 per quintal this year. Compared to the previous year, imports of Yellow Peas are also lower this season. In the coming days, Chana prices will depend on demand from millers and traders,

the volume of arrivals in top-producing states like Madhya Pradesh and Rajasthan, and the pace of government procurement. Regarding Urad and Tur, substantial imports from abroad—combined with the arrival of domestically produced crops—ensure that there is no significant supply shortage.