Prices for chana dal risen by up to 10% and expected to remain stable

Prices for chana dal risen by up to 10% and expected to remain stable

According to industry executives, chana dal prices have risen by up to 10% in the last month due to increased demand for the country’s most popular pulse ahead of the festive season. Prices for chana dal are expected to remain stable because it is used in a variety of sweets and savouries such as laddus, sev, and farsan.

However, tur dal prices have fallen by about 5% in the last month, providing some relief to consumers, according to executives. Also Read | Government identified 35 districts for increasing tur and 13 districts for urad cultivation

According to the Indian Pulses and Grains Association (IPGA), chana prices are expected to remain stable due to strong festival season demand, reduced local supply, limited government stock, and low selling interest among stockists.

Large imports of yellow peas have not helped to reduce chana demand, as expected by the government, according to industry executives.

“Chana dal prices have risen despite large-scale imports of yellow peas because the replacement of chana with yellow peas is significantly lower than expected,” said Rupesh Rathi, a pulse processor from Akola, Maharashtra.

However, traders expect an increase in imports from Africa and Australia by September, preventing a sharp rise in prices. “Higher domestic prices have made chickpea imports more viable, so an increase in overseas supply is expected, which could prevent significant price hikes,” according to the IPGA report.