Chana Prices Cross ₹7,325, May Reach ₹8,000 by Diwali: Weak Supply and Falling Stocks Push Prices Higher

Key Highlights

• Chana crosses ₹7,325 in Delhi market.

• Prices rise nearly ₹950 in one month.

• Major markets report rates up to ₹7,700.

• Stocks estimated at around 11.06 lakh tonnes.

• ₹8,000 per quintal possible by Diwali.

Chana prices are witnessing a strong rally across major markets as limited supply, declining stocks and steady domestic demand continue to support the market. In Delhi, chana prices have crossed ₹7,325 per quintal, while rates in some major markets have reached as high as ₹7,700 per quintal.

Trade reports indicate that chana prices have increased by around ₹75 per quintal in the past week. The rise has been much sharper over the longer term, with prices gaining nearly ₹950 per quintal in the past month.

With the current demand-supply situation remaining tight, market experts believe chana prices could cross ₹8,000 per quintal by Diwali if the trend continues.

Chana Prices in Major Markets

Chana prices are currently trading strongly across several major mandis. Recent market rates include:

• Delhi Chana Mandi: ₹7,325 per quintal

• Indore Desi Chana: ₹7,300 per quintal

• Jaipur Mandi: ₹7,375 per quintal

• Jaipur Besan Dana: ₹7,400 per quintal

• Ujjain: ₹7,375 per quintal

• Lalitpur: ₹7,250 per quintal

• Bikaner: ₹7,225 per quintal

• Nagpur: ₹7,700 per quintal

• Akola Desi Chana: ₹7,700 per quintal

• Unnao NAFED Chana: ₹7,400 per quintal

• Gwalior Chana Dal: ₹7,225 per quintal

These prices show that chana is currently trading between approximately ₹7,200 and ₹7,700 per quintal across several important markets.

Why Are Chana Prices Rising?

The main reason behind the current rally is the decline in available stocks. Current total chana stocks are estimated at around 11.06 lakh tonnes, while domestic demand remains strong.

The next crop is still some time away, which means the market is relying on existing stocks to meet current demand. This limited availability is putting upward pressure on prices.

Government stocks and NAFED sales are also being closely watched. NAFED is expected to sell around 4.50 lakh tonnes of chana. Such sales could provide some temporary relief to supply and put pressure on prices. However, if domestic demand remains strong, the impact of these additional supplies may remain limited.

High Import Cost Limits Relief from Overseas Supply

Imports are another factor being monitored by the domestic chana market. However, expensive imported chana is currently unable to put significant pressure on Indian prices.

The import cost of Australian chana is reportedly around $780 per tonne, which is close to the prevailing price level in the Indian market. As a result, importing large quantities of cheaper chana is not easy for traders.

Imports from Australia have also declined slightly. Around 6.70 lakh tonnes of chana were imported from Australia in July 2026, compared with approximately 6.82 lakh tonnes during July last year.

Global Chana Market Also Under Watch

Australia is one of the world's major chickpea suppliers, making its production and export trends important for the Indian market. Any major change in Australian supply or exports can influence domestic prices.

Traders are also keeping an eye on chickpea demand and trade conditions in Canada and Turkey. A strong US dollar can increase import costs, while firm chickpea demand in the Middle East could support global exports.

If global supplies remain tight, imported chana could continue to remain expensive in India, limiting the possibility of a major fall in domestic prices.

Can Chana Prices Reach ₹8,000 by Diwali?

The current market trend remains positive above the ₹7,300 level. From a technical perspective, ₹7,050 is considered an important support level, while ₹7,600 is seen as a strong resistance zone.

If prices sustain a move above ₹7,600, the market could target ₹7,700 and eventually ₹8,000 per quintal. However, reaching ₹8,000 by Diwali will depend mainly on how domestic demand and supply develop in the coming weeks.

Farmers and traders should therefore keep a close watch on mandi prices, fresh arrivals, NAFED sales, import costs and global chickpea market conditions before making selling or buying decisions.

What Should Farmers Check Before Selling Chana?

Farmers should check the latest price at their nearest mandi along with the quality and moisture content of their produce. Local demand and current arrivals should also be considered before deciding when to sell.

Since chana prices can change with supply, demand, government sales, crop conditions and global trade, monitoring the market regularly can help farmers make better selling decisions.

Also Read: E-Krishi Yantra Anudan Yojana 2026: Get Up to 50% Subsidy on Farm Equipment, Apply by October 13

CMV360 Says

Chana prices have strengthened sharply, supported by falling stocks, strong domestic demand and limited immediate supply. With prices already reaching ₹7,700 in some markets, the ₹8,000 level could come into focus before Diwali if the supply-demand imbalance continues. However, NAFED sales, fresh arrivals, imports and global market conditions could influence the rally. Farmers and traders should closely monitor these factors before making selling decisions.