Updates from major mandis across the country indicate that the chana (chickpea) market is currently in a stable but cautious phase. On one hand, arrivals remain limited, and on the other, demand is weak. Various factors such as production levels, stock availability, upcoming festivals, and the monsoon are collectively keeping chana prices range-bound, fluctuating within a ₹25–₹50 margin. For your reference, Indias total chana production is estimated at around 113 lakh tonnes, which is approximately 2.7% higher than last year. As per import trends and consumption estimates, India total domestic consumption is around 125 lakh tonnes. In today market: Delhi opened ₹25 higher at ₹5,850/quintal, with reported arrivals of 5–6 truckloads. In Solapur mandi, mill-quality chana prices remained steady between ₹5,500 and ₹5,950/quintal, with only 3–4 trucks arriving. Jabalpur mandi saw prices in the range of ₹5,000–₹5,450/quintal, with 625 bags reported. In Dewas, rates ranged from ₹5,200 to ₹5,700/quintal. Currently, mill demand remains sluggish, and stockists are not significantly altering their strategies. Many traders are holding on to their stocks, anticipating better prices ahead. Moreover, the limited chana stock in the government’s central pool is indirectly providing some support to the market. Looking ahead, a general sentiment in the market suggests that festivals and the monsoon season in July and August could lead to an increase in consumption, boosting buying activity. This could push prices slightly higher. Meanwhile, imported Australian chana remains steady at ₹5,875/quintal, but it is not exerting any downward pressure on the domestic market at these levels. In summary, the chana market is currently in a stable, wait-and-watch mode. There is a fair possibility of slight bullishness in the coming two weeks as demand for chana dal and besan improves in the wholesale market.