Weekly Review-Gram

15-Mar-2025 08:19 PM

Gram prices continue to fall due to weak demand


Key Developments

  1. Price Decline Due to Weak Demand and Increased Supply

    • New gram arrivals have increased in Rajasthan and Madhya Pradesh, leading to downward price pressure.
    • Weak demand from dal millers and stockists has resulted in a slow uptake of gram dal and gram flour.
    • As of March 10, 2025, 4,26,809 tonnes of gram stock was available at Indian ports, further adding to supply pressure.
    • Government procurement in Maharashtra has not yet started, offering no price support.

  2. Domestic Gram Prices Decline Across Key Markets

    • Delhi Market:

      • ₹75–₹100 per quintal decline due to sluggish demand.
      • Weekend prices:
        • Madhya Pradesh Line: ₹5,400–₹5,425 per quintal
        • Rajasthan Line: ₹5,500–₹5,525 per quintal

    • Rajasthan Market:

      • ₹100–₹200 per quintal decline due to increased supply.
      • Weekend prices:
        • Jodhpur: ₹4,500–₹5,100 per quintal
        • Jaipur: ₹5,450 per quintal
        • Bikaner: ₹5,350–₹5,450 per quintal
        • Kishangarh: ₹4,800–₹5,075 per quintal
        • Kota: ₹4,500–₹5,260 per quintal

    • Maharashtra Market:

      • ₹150–₹300 per quintal decline due to weak demand.
      • Weekend prices:
        • Solapur: ₹5,300–₹5,850 per quintal
        • Akola: ₹5,400–₹5,500 per quintal
        • Nagpur: ₹5,550–₹5,575 per quintal
        • Udgir: ₹5,000–₹5,200 per quintal
        • Ahmednagar: ₹5,300–₹5,500 per quintal

    • Madhya Pradesh Market:

      • ₹200–₹300 per quintal decline due to sluggish demand.
      • Weekend prices:
        • Ashoknagar: ₹5,400–₹5,600 per quintal
        • Ganjbasoda: ₹5,100–₹5,500 per quintal
        • Sagar: ₹5,200–₹5,450 per quintal
        • Katni: ₹5,500–₹5,600 per quintal
        • Indore: ₹5,400–₹5,700 per quintal

    • Other Markets:

      • Raipur: ₹150 per quintal decline, now at ₹5,550–₹5,675 per quintal.
      • Kanpur: ₹200 per quintal decline, now at ₹5,700–₹5,800 per quintal.

  3. Imported Gram Prices Decline

    • Increased stock at ports and selling pressure from importers has caused prices to fall.
    • Mumbai Market:
      • Tanzania Gram: ₹5,300 per quintal (₹125 decline)
      • Australia Gram: ₹5,350–₹5,400 per quintal (₹125 decline)
      • Mundra: ₹5,350 per quintal

  4. Gram Dal Prices Also Decline

    • Due to weak demand and falling gram prices, gram dal prices dropped by ₹150–₹300 per quintal.
    • Weekend prices:
      • Delhi: ₹6,700–₹7,000 per quintal
      • Bhatapara: ₹7,000 per quintal
      • Katni: ₹7,300 per quintal
      • Gulbarga: ₹6,600–₹6,800 per quintal
      • Jalgaon: ₹6,750 per quintal
      • Indore: ₹6,600–₹6,700 per quintal
      • Jaipur: ₹6,525 per quintal
      • Kanpur: ₹7,000–₹7,100 per quintal

Market Outlook

  • Further price decline is likely as new arrivals increase and demand remains weak.
  • Government procurement decisions will be crucial in stabilizing prices.
  • Stock levels at ports and importer selling pressure may keep prices under stress.

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