Chana prices have been under consistent downward pressure in recent trading sessions across major markets, influenced by increased new arrivals. The market sentiment has further weakened due to the government's decision to extend the duty-free import policy for matar (yellow peas) until May 31, affecting the dynamics of the pulse market. Chana prices have decreased by Rs 100-150 per quintal in various key markets. This decline reflects the added pressure from rising supplies. With fresh arrivals hitting mandis, traders and buyers are exercising caution, awaiting further price fluctuations. Peak arrival pressures are tapering off in Karnataka, Andhra Pradesh, and Maharashtra. Meanwhile, states like Madhya Pradesh, Gujarat, and Rajasthan are witnessing a gradual increase in new arrivals, which is expected to intensify in the coming weeks. Chana processors are hesitating to make large purchases, anticipating further price reductions as arrivals increase. Additionally, subdued demand for processed chana products has contributed to this conservative buying approach. Some market players suggest that chana prices may not fall significantly below current levels, as mandi prices are already well below the government's Minimum Support Price (MSP) of Rs 5650 per quintal. However, opinions remain divided, with other participants taking a more cautious stance.