Gram prices weaken on subdued demand, higher output

NEW DELHI: Amid higher output and weak local demand, gram continued to remain under pressure on the wholesale pulses market on Wednesday and prices fell further by Rs 50 per quintal.


Movements in other pulses, however, remained restricted. Traders said besides weak spot demand, increased supplies following higher output mainly put pressure on gram prices.

In the national capital, gram, gramdal local and best quality fell by another Rs 50 each to Rs 3,150-3,750, Rs 3,800-3,900 and Rs 4,100-4,200 per quintal, respectively.

The following were on Wednesday's pulses rates per quintal: Urad 3,725-3,925, Urad Chilka (local) 4,600-4,950, best 5,050-5,550, Dhoya 5,500-5,700, Moong 5,000-5,400, Dal Moong Chilka local 5,500-5,900, Moong Dhoya local 5,650-5,750 and best quality 6,350-6,450.

Masoor small 4,150-4,350, bold 4,300-4,550, Dal Masoor local 4,850-4,950, best quality 4,950-5,050, Malka local 4,600-4,700, best 4,800-4,900, Moth 3,500-4,100, Arhar 4,200-4,600, Dal Arhar Dara 5,900-6,100.

Gram 3,150-3,750, Gram Dal (local) 3,800-3,900, best quality 4,100-4,200, Besan (35 kg) Shakti bhog 1,620, Rajdhani 1,620, Rajmah Chitra 8,250-9,450, Kabli Gram small 3,600-5,600, dabra 2,700-2,800, imported 4,700-5,100; Lobia 3,600-5,000, Peas white 2,650-2,675 and green 2,725-2,825.