Chickpea Market Remains Firm, Signals Point Toward ₹6,400 per Quintal

The Indian chickpea (chana) market maintained a strong tone on June 11, 2026, with prices in major mandis rising by ₹25�50 per quintal. In Delhi, Rajasthan-line chana was quoted at ₹6,025 per quintal, while Madhya Pradesh-line chana traded at ₹5,925�5,950 per quintal. The ongoing strength in the market is being driven by limited selling from farmers and stockists, steady demand from the pulse and besan industries, and lower arrivals in key markets. According to our sources, farmers are holding back stocks in anticipation of higher prices, resulting in tighter market supplies. At the same time, pulse mills and besan manufacturers continue to purchase as per their requirements. In several regions, shortages of raw material have restricted mill operations, further supporting market sentiment. Analysts believe that any additional increase in demand from the pulse and besan sectors could push prices even higher. Global factors are also lending support to the domestic chickpea market. Concerns over lower production in Australia, expensive import deals, and a stronger US dollar have increased the cost of imported chickpeas, making domestic supplies more competitive and strengthening local prices. In addition, adverse weather conditions across key Australian growing regions such as New South Wales, Queensland, and South Australia are raising concerns over crop development. Dryness and irregular rainfall in these areas are expected to negatively affect chickpea yields, potentially leading to lower production and tighter global supply. This is likely to further support international chickpea prices and indirectly strengthen the Indian market. On the domestic front, reduced imports of yellow peas have further boosted demand for chickpeas. The pulse and besan industries are increasingly relying on chana as a key raw material. Demand is expected to improve further during the monsoon season and the upcoming festive period, providing additional support to the market. Market analysts believe chickpea prices are currently supported by strong fundamentals. If demand from the pulse and besan industries remains firm and farmer selling stays limited, prices could move toward ₹6,200�6,350 per quintal in the near term. Under favorable market conditions, a target of ₹6,500 per quintal is also considered achievable. However, intermittent profit-booking may lead to temporary corrections along the way.

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