New Delhi: Chickpea prices showed a downward trend during the current week due to increased profit-taking at higher levels and weak buying sentiment. Given the high prices prevailing for some time, stockists and traders prioritized selling, which increased pressure on the market. Meanwhile, the arrival of new chickpeas has begun in the major producing markets of Karnataka and Maharashtra. Initially, arrivals were limited, but they are gradually increasing. As harvesting accelerates, the supply of the new crop in the markets is expected to increase, which is directly impacting prices. Currently, the chickpea crop condition is generally quite good. Favorable weather and expectations of better production have weakened market sentiment. Continuous selling by stockists and importers, anticipating a better yield, is creating supply pressure in the market. Due to weak buying by pulse millers, Delhi chickpea prices declined by Rs. 75-100 per quintal this week, bringing the prices at the end of the week to Rs. 5750-5775 per quintal for Madhya Pradesh origin and Rs. 5800-5825 per quintal for Rajasthan origin.

Due to increased selling pressure from importers and sluggish demand, imported chickpea prices declined by Rs. 175-200 per quintal this week. With this decline, prices at Mumbai were Rs. 5375 per quintal for Tanzanian origin, Rs. 5550-5575 per quintal for Australian origin at Nhava Sheva, and Rs. 5475 per quintal at Mundra.

Due to increased buying activity, Rajasthan gram prices saw a decline of Rs. 100-200 per quintal this week.  With this decline, prices at the end of the week were Rs. 4800-5300 in Jodhpur, Rs. 5750 in Jaipur, Rs. 5300-5350 in Bikaner, Rs. 5000-5275 in Kishangarh, and Rs. 4600-5250 per quintal in Kota.

Due to sluggish demand from dal millers, Maharashtra gram prices declined by Rs. 100-200 per quintal during the current week.  With this decline, prices at the end of the week were Rs. 5300-5700 in Solapur, Rs. 5800-5900 in Latur, Rs. 5750-5775 in Akola, Rs. 5750-5800 in Nagpur, and Rs. 5500-5700 per quintal in Ahmednagar.

Due to continued sluggish demand, Madhya Pradesh gram prices declined by Rs. 100-200 per quintal this week. With this decline, prices at the end of the week were Rs. 5300-5500 in Ashoknagar, Rs. 5200-5700 in Ganjbasoda, Rs. 5200-5550 in Sagar, Rs. 5750-5800 in Katni, and Rs. 5650-5900 per quintal in Indore.

Due to the overall downward trend and continued sluggish demand, Kanpur gram prices declined by Rs. 125 per quintal this week. With this decline, prices at the end of the week were Rs. 5900-5925 per quintal. Similarly, Raipur gram also saw a decline of Rs. 50 per quintal this week, with prices at the end of the week at Rs. 5550-5800 per quintal. Chickpea Dal: Due to the decline in chickpea prices and weak demand, chickpea dal prices fell by Rs. 50-75 per quintal during the current week.  With this decline, prices at the end of the week were Rs. 6700-6950 in Delhi, Rs. 6950-7050 in Bhatapara, Rs. 7000-7100 in Katni, Rs. 6500-6700 in Gulbarga, Rs. 7050-7425 in Jalgaon, Rs. 6800 in Indore, Rs. 6625 in Jaipur, and Rs. 6800-6850 in Kanpur per quintal.