Mixed Trend in Arhar Market: Domestic Demand and MSP Provide Cushion

The arhar (pigeon pea) market is currently showing a mixed trend. On one hand, prices are steadily falling, while on the other, a strong support base at lower levels is emerging, reducing the likelihood of a sharp decline. In Chennai, imported lemon arhar for April–May shipments has softened to $850 per ton, while old-season (2025) prices remain stable around $830 per ton. At the domestic level, lemon arhar prices fell by ₹50 in Chennai to ₹7,625, by ₹75 in Delhi to ₹7,825, and by ₹100 in Mumbai to ₹7,600 per quintal. Local arhar showed slight improvement in Katni, Akola, Raipur, and Latur, while prices remained stable elsewhere. Among imported arhar, at Nava Seva Port, white arhar is stable at $690–695, Gavari at $680–685, and Aruna quality at $750 per ton. Sudanese arhar is trading around ₹6,800 per quintal, while Gajri and white arhar are around ₹6,500. Rising prices in Burma have made imports more expensive, reducing below-market selling and providing support to the market. Domestic mill demand is currently limited, but growth is expected. The government has set the minimum support price (MSP) for arhar at ₹8,000 per quintal and has already procured around 2 lakh tons this season, though this remains limited relative to total production. Due to excessive rainfall in Maharashtra, Madhya Pradesh, and Karnataka, crops have weakened, and approximately 60% of the produce has already been purchased by dal mills. In Chennai, earlier high container arrivals had pushed prices down to ₹7,900, but current bidding is around ₹7,500 per quintal. Overall, the downside potential for arhar at present is limited, and a slight recovery is expected, especially if dal mill purchases increase, which could provide stronger market support.

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