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Chana trades mixed at select markets amid sporadic mill buying

8 Aug 2022 8:26 pm
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Mumbai, 8 Aug (Commoditiescontrol): Chana or Chickpea prices traded mixed, as per quality at select markets due to limited mills participation despite fewer domestic arrivals.

In Chana Dal and Besan, some uptick in demand was seen due to the upcoming festival season. However, demand was only to meet the immediate requirements and was below market expectations.

It is expected that demand gradually increase as the festival season approaches near. Meanwhile, millers were facing difficulty in getting good quality Chana for crushing. Sellers were inactive in superior quality Chana.

Nafed sold procured Chana Rabi-2020 at Rs 4,653/100Kg in Rajasthan on 5th Aug, 2022. In Madhya Pradesh, Nafed sold procured Chana Rabi-2020 at Rs 4,402-4,675/100Kg.

Nafed is active to liquidate old procured Chana stock in the selected state. Old procured Chana quality was average which Millers prefer for besan, and not chana dal.

Government is holding a substantial stock of good quality new crop Chana.

Spot Chana Prices In Key Indian Markets:



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


       
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