Chana Price Report: Delhi Market Crosses ₹6,350 Per Quintal, Is ₹7,000 the Next Target?

Key Highlights:

• Delhi chana prices reached ₹6,325–₹6,350 per quintal.

• Akola recorded the highest market price at ₹6,625 per quintal.

• Low arrivals in Maharashtra continue to support prices.

• Rising import costs and global weather risks are strengthening the market.

• Traders see potential for chana prices to touch ₹7,000 per quintal.

Chana (chickpea) prices have continued their upward trend across major markets in India, with rates in Delhi crossing ₹6,350 per quintal. Strong domestic demand, limited arrivals, lower stock availability, and uncertainty over global supplies are supporting the market. Traders are now closely watching whether prices can move towards the ₹7,000 per quintal mark in the coming weeks.

However, market experts believe that future price movement will depend on factors such as imports, government policy, global crop conditions, and domestic arrivals.

Delhi Chana Prices Remain Firm

The Delhi chana market is witnessing steady demand, pushing prices to ₹6,325–₹6,350 per quintal.

• Regular trading took place between ₹6,300 and ₹6,325 per quintal.

• Lawrence Road market reported prices of ₹6,250–₹6,275 per quintal.

• Azadpur Mandi also recorded gains of ₹7–8 per kg, reflecting continued buying interest.

The combination of strong demand and limited supplies has kept market sentiment positive.

Chana Prices in Major Indian Markets

Prices are also holding firm across several key agricultural markets in the country.

Among these, Akola is currently reporting the highest price at ₹6,625 per quintal.

Lower Arrivals in Maharashtra Supporting Prices

One of the biggest reasons behind the recent rise in chana prices is the decline in arrivals from Maharashtra.

Farmers are selling limited quantities, while stockists are also releasing their inventories cautiously. At the same time, government procurement and active participation from private traders are keeping demand healthy, helping prices remain firm.

NAFED Tender Boosts Market Sentiment

According to market traders, the chana market received additional support after the recent NAFED tender.

With no major pressure from excess inventories, the market has become more balanced. Controlled stock availability has strengthened buying interest and supported higher prices.

Global Market Trends Under Close Watch

Domestic traders are closely monitoring crop conditions in major chickpea-producing countries, especially Australia, Canada, and the United States.

There are concerns about drought in parts of Victoria, Australia, while the USDA has also highlighted weather-related risks in some regions of the United States.

If adverse weather affects production in these countries, global chickpea supplies could tighten, making imports into India more expensive and providing further support to domestic prices.

Rising Import Costs Strengthen the Domestic Market

Import prices are also contributing to the bullish outlook.

• Imported chickpeas are currently costing around ₹6,720 per quintal, including the 10% import duty.

• Australian chickpeas are being quoted at ports at around ₹6,225 per quintal.

• African chickpeas are available at approximately ₹4,995 per quintal.

Higher import costs are making domestic chana more competitive, which is encouraging buyers to source locally.

Weather Risks Could Influence Future Prices

Weather conditions will remain an important factor over the coming months.

Australia faces a risk of frost between July and September, which could affect crop production if unfavorable conditions continue. Any reduction in global output may reduce overall supply and push international prices higher, eventually supporting Indian chana prices as well.

Can Chana Prices Reach ₹7,000 Per Quintal?

Market participants believe that chana prices could climb further if current market conditions continue.

Prices may first move towards the ₹6,700–₹6,800 per quintal range before testing the ₹7,000 per quintal level, provided that:

• Arrivals from Maharashtra remain below normal.

• NAFED continues controlled stock releases.

• Domestic demand stays strong.

• Global production concerns persist.

• Import costs remain elevated.

However, traders also caution that if the government releases larger quantities of stock into the open market or imports increase significantly, the pace of price growth could slow.

Also Read: MP Kisan Kalyan Yojana: ₹3,308 Crore Released, Farmers Receive 14th and 15th Installments Together

CMV360 Says

The chana market is currently supported by a combination of strong domestic demand, lower arrivals, firm market sentiment, and uncertainty in global supplies. Rising import costs and weather concerns in major producing countries are adding further strength to prices. While many traders believe the ₹7,000 per quintal mark is achievable, the next move will largely depend on government stock releases, import trends, and crop conditions in key exporting nations. Farmers, traders, and buyers are expected to closely monitor these developments in the weeks ahead.