After a steady surge, prices of pulses, except those of urad and masoor to some extent, are showing signs of stabilising amid a revival of monsoon rains over major growing areas of Maharashtra and Karnataka, and on expectations of a rise in imports.
Chana prices, which too had moved up in recent months, have dropped by almost 3 per cent since the end of August due to increased liquidation of government stocks, official data shows.
Monsoon rains seem to have benefitted the standing soybean crop as well. Indore-based Soybean Processors Association of India (SOPA) said on Thursday that the overall