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Chana Trades Firm At Delhi

7 Feb 2019 11:24 am
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MUMBAI (Commoditiescontrol) – Chana (Nafed) of both Rajasthan and Madhya Pradesh origin traded firm during the early session at the Lawrence road market of Delhi on Thursday following firm cues from futures and fresh millers buying activity at lower rates. However, demand in chana dal and besan was slack from consumption centres.

Sentiments are still weak as arrivals of new crop are likely to improve and increased availability of the government stock and the rise in selling of chana by the NAFED, especially in the states of Madhya Pradesh and Rajasthan.

Rajasthan and Madhya Pradesh origin chana (Nafed) traded firm each to Rs 4,375-4,400/100kg and Rs 4,250-4,275, respectively.

Supply in the markets was 12 truckloads, similar truck loads in the previous session.

Chana March futures were trading higher by 0.7 per cent or Rs 31 to Rs 4,255/100kg on the National Commodity & Derivatives Exchange Ltd (NCDEX).

(By Commoditiescontrol Bureau; +91-22-40015513)


       
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