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Chana Trades Unchanged In Delhi Despite Less Arrivals

4 Jul 2020 11:55 am
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MUMBAI (Commodities Control) – Rajasthan and Madhya Pradesh origin new Chana traded steady at Lawrence road market of Delhi, on Saturday, amid limited mill buying despite less arrivals.

Mills are purchasing just to satisfy immediate requirements, as demand and sale counter in processed Chana reported thin activity.

Meanwhile, sentiments are dampened on NAFED's move on selling old procured Chana in selected states. However tenders were rejected due to low bid, as per market sources. Nafed is not interested in liquidating stock below Rs 4,500/100Kg.

Meanwhile, current level of Chana prices are attractive for millers/traders, as per a local trader.

Rajasthan and M.P origin new chana traded flat each, at Rs 4,175/100kg and Rs 4,150, respectively.

Supply in the markets was reported at 10 truckloads, down from 15 truckloads in previous session. Supply from Madhya Pradesh origin was less due to disparity.

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

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