Weekly Review-Gram

14-Dec-2024 08:34 PM

Gram prices rise due to strong demand from dal millers


Overview:

The prices of gram (chana) have seen an upward trend across various regions due to strong demand, particularly from dal millers. This rise is also attributed to a slowdown in stockists' selling pace, owing to weak gram availability in the market.

Price Trends by Region:

  • Indore and Madhya Pradesh:
    Gram prices in Madhya Pradesh rose by Rs. 75–100 per quintal due to limited availability and strong demand. The weekend prices stood at Rs. 6300/6400 in Ashoknagar, Rs. 6200/6600 in Ganjbasoda, Rs. 5500/6200 in Sagar, Rs. 5700/6200 in Damoh, Rs. 6600/6675 in Katni, and Rs. 6600/6800 in Indore.

  • Rajasthan:
    In Rajasthan, increased buying pushed gram prices up by Rs. 50–100 per quintal. The prices at the weekend were as follows: Jodhpur Rs. 5600/6300, Jaipur Rs. 6800/6850, Bikaner Rs. 6400/6500, Kishangarh Rs. 5500/6300, and Kota Rs. 5000/6100.

  • Maharashtra:
    The Maharashtra market saw a Rs. 100 per quintal rise due to increased activity from dal millers. Prices by the weekend were: Solapur Rs. 6500/7100, Akola Rs. 6875/6900, Nagpur Rs. 6900, Udgir Rs. 6000/6800, and Ahmednagar Rs. 6700/6900.

  • Karnataka:
    Gram prices in Karnataka also saw a Rs. 100 per quintal increase, with weekend prices being: Gulbarga Rs. 7100/7500, Bidar Rs. 5381/5869, and Gadag Rs. 6190/6590.

  • Port and Imported Chana:
    The rise in the price of Desi Chana also boosted the prices of imported Chana, including Tanzanian and Australian Chana, with increases of Rs. 50–100 per quintal. Prices for Tanzania Chana ranged from Rs. 6350 to Rs. 6400, while Australian Chana stood at Rs. 6600 (old) and Rs. 6700–6800 (new).

  • Raipur and Kanpur:
    Prices in Raipur increased by Rs. 100 per quintal, with prices reaching Rs. 6750/6850. Kanpur also saw a rise of Rs. 50, reaching Rs. 6850 per quintal.

Gram Dal:
In contrast, gram dal prices faced a decline of Rs. 100–200 per quintal due to sluggish demand. Prices for gram dal by the weekend were:

  • Delhi: Rs. 8000/8400
  • Bhatapara: Rs. 8350
  • Katni: Rs. 8075
  • Gulbarga: Rs. 8600/8700
  • Jalgaon: Rs. 8000
  • Indore: Rs. 7800/8100
  • Jaipur: Rs. 7775
  • Kanpur: Rs. 7900/8000

Conclusion:
The gram market is witnessing a strong upward trend in prices, driven primarily by robust demand from dal millers and limited availability. However, gram dal prices are under pressure due to weaker demand, reflecting a mixed market sentiment.

Latest News