Indore Pulses Market Update Price Trends, Supply Challenges, and Key Insights

Indore Pulses Market Update Price Trends, Supply Challenges, and Key Insights

1. Current Pulse Prices in Indore (Per Quintal)
Here’s a snapshot of wholesale prices for key pulses in Indore as of April 5–6, 2025:

Chana (Gram): ₹5,730–₹6,105 (Indore) 3.

Toor (Arhar):

Maharashtra Toor: ₹7,200–₹7,400

Karnataka Toor: ₹7,300–₹7,500

Nimari Toor: ₹6,500–₹7,000 1.

Moong:

Best Quality: ₹8,000–₹8,100

Average Quality: ₹7,000–₹7,500 1.

Urad:

Best Quality: ₹8,000–₹8,200

Medium Quality: ₹6,000–₹7,500 1.

Masoor: ₹5,195–₹6,225 (Indore) 37.

2. Market Trends and Drivers
Chana (Gram)
Prices remain stable due to government buffer stocks and steady arrivals from Madhya Pradesh farms. However, protests by farmers over water shortages could disrupt future supplies 6.

In Kishangarh and Bikaner, Chana traded at ₹5,400–₹5,900 per quintal, reflecting moderate demand 27.

Toor (Arhar)
Maharashtra and Karnataka varieties saw slight price hikes (₹7,200–₹7,500) due to reduced stockpiles and steady demand from domestic households 1.

Moong
Mixed trends observed: Best-quality Moong rose to ₹8,100 per quintal, while average grades dipped to ₹7,500. Tight supply and lower arrivals in major markets like Madhya Pradesh contributed to volatility 6.

Urad
Prices remained range-bound (₹6,000–₹8,200), with steady supplies from local farms balancing moderate demand 1.

Masoor
Modest gains (up 0.4% in Indore) due to speculative buying, though high stockpiles may limit further increases 67.

3. Challenges Impacting the Pulses Market
Supply Disruptions: Erratic weather and water shortages in Madhya Pradesh have affected Moong and Chana production, raising concerns about hoarding 6.

Global Factors: China’s reduced chickpea imports and competitive global prices for Kabuli Chana are influencing domestic sentiment 6.

Government Intervention: The Madhya Pradesh government has assured support to the pulses industry, including stock limit reviews and infrastructure upgrades 6.

4. Expert Outlook
Short-Term: Prices may stabilize post-April as new harvests arrive, particularly for Chana and Moong 6.

Long-Term: Global demand shifts (e.g., China’s import policies) and monsoon forecasts will play a critical role in price trends 26.

Key Takeaways for Traders and Consumers
Traders: Monitor arrivals from MP farms and global trade policies for Kabuli Chana.

Consumers: Expect temporary volatility in Moong and Toor; consider smaller purchases until monsoon clarity 16.

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