With the arrival of the new tur and chana crops in central and western India, the government has its finger on India’s pulse(s) market.
Trade and market sources say tur, masoor, and urad will trade above their minimum support price (MSP) in short to medium term, even as moong remains below MSP.
Chana, sown primarily in North India, is likely to cross the MSP of Rs 5,335 per quintal only in the medium term. Presently, chana is trading below the MSP.
The MSP of tur and urad is Rs 6,600 per quintal; masur’s Rs 6,000 per quintal. The MSP of