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Imported Chana Closes Up At Mumbai On Strong Futures

13 Jun 2018 6:24 pm
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MUMBAI (Commoditiescontrol) – Imported chana edged higher at the Mumbai pulses market during close amid improved demand at the lower level and strong cues from futures.

Australia chana was Rs 25 up at Rs 3,250/100kg at Mumbai market. Similarly, Australia chana at Mundra port gained by Rs 25 to Rs 3,250.

Delay in prospects of monsoon as flow is weakening for next 1 week has raises concern that rainfall may occur late in key pulses producing regions.

Desi chana Rajasthan and Madhya Pradesh origin moved up by Rs 25 and Rs 50 to Rs 3,650/100kg and Rs 3,600 respectively. At Indore, Kantewala chana in private trade rose by Rs 75 to Rs 3,500.

On futures, chana July contract closed up 2.42%, or Rs 80 to Rs 3,390/100kg on the National Commodity & Derivatives Exchange Ltd (NCDEX).

(By Commoditiescontrol Bureau; +91-22-40015533)

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