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Chana Trades Higher In Delhi Amid Firm Futures, Less Supplies

3 Aug 2020 11:50 am
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MUMBAI (Commodities Control) – Rajasthan and Madhya Pradesh origin new Chana traded higher at Lawrence road market of Delhi, on Monday, following firm futures, less supplies and mill buying at prevailing rates.

However mills are purchasing just to satisfy immediate requirements, due to thin demand in chana dal and besan from the consumption centres.

10 truckloads of supply arrived in the markets, down from 15 truckloads in the previous session.

Supply from Madhya Pradesh origin was lower due to disparity.

Rajasthan and M.P origin new chana traded higher Rs 50 each, at Rs 4,225/100kg and Rs 4,175, respectively.

Chana August futures were trading 0.7 percent or Rs 28 up at Rs 4,126/100kg on National commodity & Derivatives Exchange Ltd (NCDEX).

Current price level in Chana is attractive for millers/traders, as per a local trader.

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

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