Raw/Processed Chana Gains At Major Spot Markets

Mumbai (Commodities control) – Chana prices gained at major markets in the country on Thursday on better millers buying activities as demand in Chana dal and besan was witnessed from consumption centers.

However, arrivals in domestic market was increased today due to rise in Chana prices from last couple of days.

Australia origin Chana in ready business at Mumbai moved higher by Rs 50 at Rs 4,300/100kg amid improved trade activity and also due to very limited availability.

Similar, Burma origin chana also gained by Rs 50 at Rs 4,200/100Kg.

Ethiopia/Sudan/Russia/Burma origin kabuli chana traded higher by Rs 50/100Kg at the Mumbai amid good buying from besan flour millers following uptrend in Chana.

Around 18991.786 MT imported Kabuli Chana arrived from overseas in June month at JNPT port. Ethiopia:4766.7, Burma:598.289, Sudan:2424, USA:809.667, Turkey: 845, Russia:5264.33, Canada:3034.59, Ukraine:270, Argentina:931.21, Brazil:48.

Chana for August delivery on National Commodity and Derivatives Exchange (NCDEX), settled weak by 0.4 percent or Rs 17 at Rs 4,347/100kg. Earlier, in the day, the contract hovered in the range of 4,346 and 4,390.

Chana stocks at NCDEX accredited warehouses stood at 100999 metric tonnes (Indore: 192, Bikaner 73,909, Jaipur 26,898) as on 17th July, up from 100989 metric tonnes in the previous session, the exchange data showed.

As per market talk, buying in Chana also likely to be increased as consumption of Chana to be improve due to festive period starts from August month till diwali. Chana prices will get support if Nafed will not sale old procured Chana at lower rates. However, lower bids were rejected by Nafed.

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)