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Increased Supply, Improved Acreage Weighs On Chana Price In Delhi

18 Jan 2020 12:09 pm
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MUMBAI (Commoditiescontrol) – Rajasthan and Madhya Pradesh-origin Chana traded lower at the Lawrence road market of Delhi on Saturday amid increased supply, thin buying by millers at existing rates.

Sentiments are reeling under pressure due to improvement in Rabi Chana sowing,a which is up 10% so far as compared with last year same period. Government's stockholding Places lid on price gains.

Demand in chana dal and besan from wholesaler/retailers' counters is slack.

Meanwhile, steady arrivals of new domestic Chana is witnessed in selected markets of Karnataka and Maharashtra.

Rajasthan and Madhya Pradesh origin chana fell by Rs 25 each at Rs 4,525/100kg and Rs 4,425, respectively.

Trade body reported 35 truckloads of supply in the markets, up 20 truckloads from the previous session.

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

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