Chana(chickpea) prices have fallen below MSP due to heavy arrivals and import pressure, awaiting government procurement.
The chana (gram) market remained under pressure last week, witnessing a decline of about ₹125 per quintal. Continuous arrivals of the new crop and sluggish demand kept prices below the Minimum Support Price (MSP) of ₹5,875 per quintal in most mandis, indicating early signs of supply pressure. On Saturday, Rajasthan line chana in Delhi was quoted at ₹5,625 per quintal, marking a fall of nearly ₹350 over the past month. In Indore, Katewala traded at ₹5,650, while Akola bilty stood at ₹5,500. Prices in Bikaner were at ₹5,400, Jaipur old stock at ₹5,550, and new Jaipur crop at ₹5,400. Raipur Maharashtra line declined by ₹75 to ₹5,600 per quintal. Imported chana also weighed on the domestic market. Australian chana was quoted at ₹5,275 at Mundra port, ₹5,350 in Mumbai, and ₹5,300 at Kandla, while Tanzanian origin traded around ₹5,250. Between November and February, over 491,602 tonnes of chana have been imported from Australia, keeping the supply side strong. In the chana dal segment, Akola prices stood at ₹6,900 and Indore at ₹6,700, both registering a weekly decline of up to ₹100. Jaipur also reported weakness. In Mumbai, besan (gram flour) fell by ₹100 to ₹3,925 per 50 kg bag. In the international market, Australian March–April shipment prices remained steady at $545 per tonne (USD ₹91.08 exchange rate). The government has approved procurement of 2.503 million tonnes of chana for the Rabi 2026–27 season. The state-wise allocation includes Maharashtra (761,000 tonnes), Madhya Pradesh (580,000 tonnes), Rajasthan (553,000 tonnes), Gujarat (413,000 tonnes), Karnataka (101,000 tonnes), and Andhra Pradesh (94,500 tonnes). However, procurement operations have not yet begun, providing no immediate support to prices. As of February 24, total chana stocks at Indian ports stood at 278,683 tonnes, up 0.9% from the previous week. Of this, Mundra held 119,987 tonnes and Kandla 158,696 tonnes. On the export front, India exported 127,864 tonnes of chana during January–December 2025, up 37% from 93,651 tonnes in the previous year. Major buyers included the UAE (49,020 tonnes), Bangladesh (33,905 tonnes), and Iran (29,723 tonnes). Arrivals from Karnataka, Maharashtra, and Madhya Pradesh are currently rising, while peak arrivals from Rajasthan are expected between late March and April. Overall, the market may remain under pressure until government procurement becomes active, although lower price levels could attract some buying support.