Tremendous Rise in Gram Prices: Rates Surpass MSP Across Major Markets

Key Highlights:

• Gram prices rise to ₹5750–₹5800/quintal in Delhi.

• Prices in Maharashtra touch ₹6050/quintal.

• The government imposed a 10% import duty on gram last month.

• The average gram price in India is ₹8130.97/quintal.

• Prices may rise by ₹200 more next month due to low stock.

The price of a gram (chana) has significantly increased across major mandis (markets) of India recently. Farmers are now receiving better prices, with gram prices rising above the Minimum Support Price (MSP), which is ₹5,650 per quintal. This price jump has brought relief and happiness to farmers who were earlier forced to sell their crops at lower rates.

Why Are Gram Prices Rising?

The main reason behind the sudden price hike is the Central Government’s decision to impose a 10% duty on gram imports. This policy change, implemented last month, reduced the availability of cheaper imported pulses in the Indian market, increasing the demand for domestically grown gram. Additionally, the duty-free import period for yellow peas has also ended, further limiting alternatives and boosting demand for chana.

According to Indrajit Paul, Research Head at Agrocorp International, gram prices had dropped below MSP during the arrival of the new crop. This triggered bulk buying, which in turn pushed prices higher again. Government policies supported this price recovery, benefiting farmers directly.

Gram Prices in Major Mandis

The average price of a gram across the country, according to Commodity Online Mandi Bhaav, is ₹8,130.97 per quintal. Prices range from ₹6,650 to ₹12,000 per quintal depending on the region and quality.

Current Gram Prices in Uttar Pradesh Mandis

Current Gram Prices in Madhya Pradesh Mandis

Current Gram Prices in Other States

Current Gram Prices in Manipur Mandis

Price Trend: What’s Next for Gram?

Market experts predict that gram prices may rise further by ₹200 per quintal in the coming month due to limited stock. Stockists may increase their buying, and millers are purchasing only based on need. While gram has become expensive over the past month, a minor drop was noted last week. However, the availability of cheap yellow peas may restrict a sharp rise.

Farmer’s Advisory: Sell Wisely Based on Quality and Market Rate

The selling price of a gram depends heavily on its quality. While ordinary gram gets a lower rate, high-quality gram fetches higher prices. Farmers are advised to check local mandi prices before selling. Since rates vary daily, keeping updated with market trends will help farmers make informed decisions and maximize profits.

Also Read: Wheat Buying Crosses 250 Lakh Tonnes, 21 Lakh Farmers Get Rs 62,155 Crore

CMV360 Says

The gram market is currently favorable for Indian farmers, thanks to supportive government policies and rising demand. Prices have climbed above MSP across several markets, offering a profitable opportunity. However, due to fluctuating market dynamics, farmers need to stay informed and strategic in their selling approach.