Mumbai, 25 June 2024 (Commoditiescontrol): Chana prices in major markets have exhibited a positive to stable trend, with demand picking up during the evening session. Following a price correction due to the imposition of stock limits, buyers became active, pushing prices in Delhi up by Rs 25 per quintal.
In Mumbai, CNF quotes for Tanzanian origin chana remain unavailable, while Australian origin chana prices are steady at USD 915 per metric ton. Tanzanian origin chana prices remain flat at Rs 6,250 per quintal, and Australian origin chana also recorded a steady tone. Prices of all expenses paid (Bilty) chana were largely steady to firm, except in Solapur mandi, Maharashtra, where Desi Chana dropped by Rs 100 to trade between Rs 7,000 and Rs 9,200 per quintal.
In Delhi, prices for Rajasthan and Madhya Pradesh lines are at Rs 6,900-6,925 per quintal. Local sources indicate that demand was strong prior to the stock limit imposition and has risen again following the recent price drop. Prices had fallen by Rs 200-250 following the stock limit news.
Prices in major mandis have been reported to range from stable to weak, with some declines observed in Rajasthan and Madhya Pradesh markets. According to local traders, supply has increased as farmers bring their produce to market to cover kharif sowing expenses after moderate rains in some regions yesterday.
Overall, Chana prices have stabilized with renewed buyer activity post stock limit adjustment. While some markets have seen price drops due to increased supply, the overall trend remains stable to positive as demand re-surges.
Spot chana Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
0 Comments 
Post Comment 
