Login ID:
Partner Login
Contact Us : 7066511911

Burma Chana Gains In Mumbai

12 Jun 2019 2:32 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) – Burma origin Chana gained at Mumbai pulses market on Wednesday amid fresh millers buying activities at lower rates.

Arrivals in domestic market were reported less as sellers refrained to liquidate at lower rates and also farmers will be interested to sell their produce to the government at MSP of Rs


However, demand and sale counters in processed Chana/besan were reported slow.

Burma origin chana gained by Rs 50 at Rs 4,250/100Kg.

On the other hand, Australia origin Chana in ready business at Mumbai and Mundra port remained unchanged each at Rs 4,350/100kg, respectively amid slow trade activity and also due to very limited availability.

As per market talk, Chana prices are likely to get support at lower rates as crushing in Chana has increased due to cheaper prices and easy availability compared to White Pea/Tevda/Batri. Lower import quota of White Pea for this year and as the government has not yet released the quota for millers to import White Pea, may also support chana prices.

But, regular supply of Kabuli Chickpea at cheaper rates is pressurising prices of chana as it is used for crushing as a a subsitiute of White Pea and Chana.

Chana for June delivery on National Commodity and Derivatives Exchange (NCDEX), was trading higher 0.5 percent or Rs 20 at Rs 4,406/100kg. Earlier, in the day, the contract hovered in the range of 4,386 and 4,415.

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

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Chana/Chana Dal Weaken At Major Spot Markets
Tur Declines At Selective Markets
Mumbai Pulses Market Settles Unchanged
Market Wise Tur Arrivals: Supply Declines By Nearly 7.4...
Market Wise Chana Arrivals: Supply Down By Nearly 7.87%...
Top 5 News
Spot Mentha Moves Lower On Limited Demand, Adequate Sup...
Chana/Chana Dal Weaken At Major Spot Markets
Spot Jeera Prices Steady To High
Tur Declines At Selective Markets
Spot Coriander Prices Remain Weak To Stable
Top 5 Special Reports
Stock Position Of Veg Oil (Edible Grade ) On 17.06.2019...
Weekly: Red Chilli Prices Likely To Decline Slightly Fr...
Weekly: Weakness May Continue In Rupee On Widening Trad...
Weekly: Overall Bullish Overtone In Gold Is Intact
Weekly: Spot Coriander Unlikely To Drop Below Rs 6,600-...
Copyright © CC Commodity Info Services LLP. All rights reserved.