Mumbai, 17 Sep 2024 (Commoditiescontrol): Kabuli chana (Kabuli chickpea) prices remained largely unchanged across key Indian markets, on Tuesday. There were no significant price fluctuations compared to the previous day, indicating a period of stability in the market.
Many markets were eigther closed or traded thinly on account of Anant Chaturthi - the immersion day that market culmination of ten day celebration.
In the Mumbai market, both the old and new Sudan varieties of Kabuli chickpeas saw no recorded price movements. Indore, a crucial trading hub for pulses, showed stable prices across all counts of Kabuli chickpeas. The 40-42 count Kabuli chana was priced at Rs 15,800 per 100 kg, while the 42-44 count stood at Rs 15,500. The 44-46 count variety was quoted at Rs 15,200 per 100 kg, and the 58-60 count was traded at Rs 12,300. The 60-62 and 62-64 count varieties were priced at Rs 12,200 and Rs 12,100, respectively.
In the Jalgaon market, no price data was available for the Pkv2 variety. Meanwhile, in Delhi, different lines of Kabuli chickpeas held steady. The AP and Kar lines, both from Palogy/Rayalaseema/Cock2 regions, were priced between Rs 10,100 and Rs 11,700 per 100 kg. The Maharashtra line (Pkv2) was priced similarly, while the Indore line (Mexico Double Dollar) saw a price range of Rs 13,400 to Rs 15,700 per 100 kg.
Overall, the Kabuli chickpea market is maintaining a neutral stance, with marginal declines in some regions but overall stability in most other markets. The market will likely remain watchful for any upcoming demand fluctuations.
Looking ahead, Kabuli chana prices are likely to face continued challenges. Stockists and farmers are holding significant inventories, and with festival demand expected to peak soon, increased liquidations are likely, ensuring a well-supplied market and preventing any substantial price increases from current levels.
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(By Commoditiescontrol Bureau; +91-9820130172)
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