MUMBAI (Commoditiescontrol) – Rajasthan and Madhya Pradesh-origin Chana traded flat at Lawrence road market of Delhi, on Friday amid limited mill buying activity despite firm cues from futures.
Chana futures traded firm on bargain buy at lower levels. As anticipated earlier, we mentioned that millers are currently at bare minimum stock levels and any demand in besan and dals could trigger buying in Chana.
On crops, stable weather in major crops regions have increased the probability of higher crop output this season.
12 truckloads of supply arrived in the markets, similar in the previous session.
Demand and sale counter in Chana dal-besan reported thin.
Rajasthan and M.P-origin chana traded flat each, at Rs 4,675-4,700/100kg and Rs 4,650-4,675, respectively.
Chana March futures were trading 0.5 percent or Rs 23 higher at Rs 4,495/100kg on National commodity & Derivatives Exchange Ltd (NCDEX).
(By Commoditiescontrol Bureau; +91-22-40015513)
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