Chana Prices

Cheaper yellow pea is being used in besan (gram flour) instead of chana dal, raising concerns over pricing and transparency in the market

The papers have been authored by eminent agriculture economists and researchers including former Commission for Agricultural Costs and Prices chairman Ashok Gulati

The government-procured chana dal retailed under the 'Bharat' brand has emerged as the biggest selling brand among householders with 1/4th market share in less than four months of its launch due to the price advantage, Consumer Affairs Secretary Rohit Kumar Singh said on Wednesday. Launched in October 2023, the Bharat-branded 'chana dal' has an edge because it is priced lower at Rs 60 per kg compared to other brands at around Rs 80 per kg, he said. "The response has been so good that out of 1.8 lakh tonne monthly consumption of chana dal (all brands included) among householders in the country, 1/4th of it is 'Bharat' brand chana dal," Singh told PTI. About 2.28 lakh tonne of Bharat brand chana dal has been sold since October 2023. The monthly average sale was around 45,000 tonne, he said. Initially, the sale started through 100 retail points and now has reached 13,000, both mobile and fixed retail outlets covering 139 cities in 21 states, he added. Stating that this step has helpe

Though, for many crops, there is still time before the full final harvest hits the markets, market players have already started speculating and predicting the harvest

Chana futures have been banned from August 16, 2021

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Good stocks with government could come in handy to cool down rates

MSP of tur is Rs 6,600 per quintal, while that of masur is Rs 6,000 per quintal and urad at Rs 6,600 per quintal

Chana production is expected to be over 11.6 million tonnes this year

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal; Chana price is expected to move up marginally from Rs 5,475 to Rs 5,525-5,550 per quintal in the Delhi market

Some traders are demanding a reduction to 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February

Festive demand will keep buyers active, while limited availability will support prices

Cotton seed oil cake at Akola is trading at Rs 2,031 per quintal, while chana price has rallied too steeply on the back of supply constraints

Firm global cues due to strong demand from China along with talks of increase in import duty in India could keep the prices firm in near term

Distributing chana is easier than other varieties of pulses as it only requires cleaning and sorting and can be consumed whole; it was also abundantly available with Nafed

For the week ahead, soymeal prices are expected to move towards Rs 35,500 per tonne

Though domestic demand is need based, supply scenario is extremely tight due to logistic bottlenecks amid slowdown in transport

Weak domestic and export demand is expected to weigh on prices in the near term

Chana prices are expected to move higher on the back of delayed crop and weather risk supporting the sentiments