Weekly Review-Gram

22-Jun-2024 08:46 PM

Gram prices fall due to sluggish demand

New Delhi. Due to sluggish demand for gram dal and gram flour, the buying of dal millers in gram remains sluggish, due to which the prices of gram remained down during the current week as well. With the aim of increasing supply and availability in the domestic (open) market and controlling the rise in prices, the Central Government has imposed stock limits on gram. An order to this effect was issued by the Central Consumer Affairs Department on 21 June 2024, which states that the stock limit on gram will come into effect with immediate effect i.e. from 21 June and will remain in force till 30 September 2024. Under the new directive, now the stock limit has been fixed at 200 tonnes for each pulse for wholesalers, 5 tonnes for retailers, 5 tonnes for each outlet of big chain retailers and 200 tonnes for depots and for millers the last three months' production or 25 per cent of the total annual accumulated capacity, whichever is higher. Similarly, pulse importers have been instructed that it is mandatory to unload the consignment of imported pulses (gram) in the domestic market within 45 days (one and a half months) after getting custom clearance at Indian ports. It is known that duty-free import of Desi gram has already been allowed. Due to which buying of gram was missing during the weekend. Due to sluggish buying by dal millers, prices of Delhi gram declined by Rs. 75 per quintal this week and with this decline, the prices remained at Madhya Pradesh line Rs. 7025/7050 and Rajasthan line Rs. 7075/7125 per quintal at the end of the week.
Port
Due to the impact of fall in Desi gram and weak demand, prices of Mumbai Tanzania gram declined by Rs. 100 and Australia gram declined by Rs. 100 per quintal this week and with this decline, the prices remained at Tanzania Rs. 6400 and Australia Rs. 7000 per quintal at the end of the week. Rajasthan
Due to increased selling and sluggish demand from dal millers, Rajasthan gram prices declined by Rs 50/100 per quintal during the current week and with this decline the prices at the weekend remained at Jodhpur Rs 5500/6600, Jaipur Rs 7100/7150, Bikaner Rs 6800/6900, Kishangarh Rs 6500/6650 and Kota Rs 6200/6600 per quintal. Maharashtra
Due to lack of demand for gram dal, the demand for gram by dal millers has remained sluggish, due to which a fall of Rs. 100/200 per quintal was recorded in the prices of Maharashtra gram this week and with this fall, the prices remained at Rs. 6200/7200 in Solapur, Rs. 6725/6750 in Akola, Rs. 6750 in Nagpur, Rs. 6750 in Udgir, Rs. 6200/6700 and Rs. 6400/6600 per quintal in Ahmednagar.
Madhya Pradesh
Due to lack of buyers, a fall of Rs. 100/200 per quintal was observed in the prices of Madhya Pradesh gram this week and with this fall, the prices remained at Rs. 6600/6850 in Ashoknagar, Rs. 6450/6800 in Bina, Rs. 6450/6800 in Ganjbasoda, Rs. 6600/6700 in Katni, Rs. 6900/6950 and Rs. 7000 per quintal in Indore.
Karnataka
Due to weak demand, no increase or decrease was observed in the prices of Karnataka gram during the current week and the prices remained at Gulbarga Rs. 6500/7000, Bidar Rs. 5639/6826, Gadag Rs. 6369/7053 and Talikota Rs. 6800 per quintal at the weekend.
Others
Due to the impact of all-round decline and sluggish demand, Raipur gram saw a decline of Rs. 100 per quintal this week and the price remained at Rs. 6800/6900 per quintal at the weekend. Similarly, Kanpur gram also saw a decline of Rs. 50 per quintal this week and remained at Rs. 7075 per quintal at the weekend.
Gram Dal
Due to the fall in prices of gram and sluggish demand, prices of gram dal have fallen by Rs. 100/200 per quintal during the current week and with this fall, the prices at the weekend remained at Delhi Rs. 8250/8600, Bhatapara Rs. 8200/8250, Katni Rs. 8200, Gulbarga Rs. 8000/8200, Jalgaon Rs. 8200, Indore Rs. 8000/8200 and Kanpur Rs. 7800/7900 per quintal.