Chana Weakens At Major Spot Markets

Mumbai (Commodities control) – Chana traded lower at major markets in the country on Thursday following weak cues from futures amid slack physical buying as demand and sale counters in Chana dal and besan was reported dull.

Still market fears that Nafed will liquidate old procured stock in selective states despite as per media reports NAFED is not going to sell pulses below MSP. However, lower bids were rejected by Nafed from last 3-4 days.

Nafed will start disposal of 158300 MT Chana (PSS RABI-2018) lying in States of Madhya Pradesh on 11.07.2019 through NeML.

Nafed offered for disposal of 96000 MT Chana (PSS RABI-2018) lying in States of Madhya Pradesh On 11.07.2019 through MSTC.

Australia origin Chana in ready business at Mumbai fell by Rs 25 at Rs 4,250/100kg due to average quality despite very limited availability.

Similarly, Burma origin chana declined by Rs 75 at Rs 4,175/100Kg.

Ethiopia/Sudan/Russia/Burma origin kabuli chana declined by Rs 50-100/100kg at the Mumbai amid dull trade activity owing to less interest shown by besan flour millers, following weak trend in Chana.

Chana for July delivery on National Commodity and Derivatives Exchange (NCDEX), settled weak by 1.1 percent or Rs 49 at Rs 4,251/100kg. Earlier, in the day, the contract hovered in the range of 4,240 and 4,301.

Chana stocks at NCDEX accredited warehouses stood at 100908 metric tonnes (Indore: 192, Bikaner 73,818, Jaipur 26,898) as on 10th July, similar in the previous session, the exchange data showed.

Spot Chana Prices In Key Indian Markets:

Spot Kabuli Chickpea Prices In Key Indian Markets :

Following Are The Rates Of Non-Branded Split Chana (Chana Dal) In Various Indian Spot Markets:

Following Are The Rates Of Branded Split Chana (Chana Dal) Traded At Mumbai APMC Market:

Following Are The Rates Of Chana/White Pea Besan Traded At Mumbai APMC Market:

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