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Chana Trades Flat At Delhi

8 Feb 2019 11:36 am
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MUMBAI (Commoditiescontrol) – Chana (Nafed) of both Rajasthan and Madhya Pradesh origin traded flat during the early session at the Lawrence road market of Delhi on Friday amid limited millers trade activity as demand in chana dal and besan was thin from consumption centres.

However, prices of Chana are likely to get support at lower rates due to cheaper rates compare to White Pea and also amid shortage of ready stock of White Pea.

Sentiments are still weak as arrivals of new crop are likely to improve along with 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 unchanged each to Rs 4,400/100kg and Rs 4,300, respectively.

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

Chana March futures were trading higher by 0.1 per cent or Rs 6 to Rs 4,282/100kg on the National Commodity & Derivatives Exchange Ltd (NCDEX).

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


       
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