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Chana Trades Higher in Delhi Amid Firm Futures & Low Supplies

29 Sep 2020 12:34 pm
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MUMBAI (Commoditiescontrol) – Rajasthan and Madhya Pradesh origin new Chana traded higher at Lawrence road market of Delhi, on Tuesday, following firm cues from futures, mill buying activity and lesser supplies.

Mills are purchasing just to satisfy immediate requirements.However, limited demand in chana dal and besan was reported from consumption centres.

30 truckloads of supply arrived in the markets, down from 50 truckloads in the previous session.

Supplies from Madhya Pradesh origin were lower due to disparity.

Rajasthan - M.P. origin new chana traded higher by Rs 25 each, at Rs 5,425/100kg and Rs 5,375, respectively.

Nafed has been active at liquidating stocks at prevailing rates, however the agency rejected bids of lower rates.

Chana October futures were trading 1 percent or Rs 52 higher at Rs 5,436/100kg on National commodity & Derivatives Exchange Ltd (NCDEX).

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

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