Login ID:
Partner Login
Contact Us : 7066511911

Chana Witnesses Mixed Trend At Spot Markets

12 Dec 2019 8:35 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities control) – Chana prices traded mixed on Thursday at major markets as millers were buying only to meet their immediate requirement for crushing amid cash crunch and also demand in chana dal and besan from wholesale/retailer counters was reported thin.

Sentiments are reeling under pressure due to recovery in Rabi Chana sowing. NAFED's stock holding keeps the price subdued. The Government agency intends to release its stocks over next few months.

Chana for December delivery on National Commodity and Derivatives Exchange (NCDEX), settled firm 0.6 percent or Rs 24 at Rs 4,353/100kg. Earlier, in the day, the contract hovered in the range of 4,340 and 4,390.

Open interest for NCDEX December contract decreased to 9760 lots against 9860 lots.

Similarly, open interest for January contract also down to 44250 lots against 44980 lots.

On other hand, open interest for March contract increased to 3220 lots against 2950 lots.

Chana stocks at NCDEX accredited warehouses stood at 4434 metric tonnes (Bikaner 3,702, Jaipur 732) as on 11th December, up from 3622 metric tonnes in the previous session, the exchange data showed.

Spot Chana Prices In Key Indian Markets:

(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
Malaysia Rubber Physical Prices (Sen/Kg) 01 October, ...
Thailand Rubber F.O.B. Offer Prices 01 October, 2020 ...
Kottayam/Kochi Rubber Rates 30 SEPTEMBER, 2020
Malaysia Rubber Physical Prices (Sen/Kg) 30 SEPTEMBER...
Bangkok/kualampur Rubber Rates 30 SEPTEMBER, 2020
Top 5 News
Cotton Prices Rise in North India Mandis amid Improved ...
Long/Short Quantity Position In NCDEX Chana On 30th Sep...
Nafed Sale Details of Various Pulses/Oilseed On 30 Sept...
Chana Trades Flat In Delhi Despite Firm Futures, Less S...
BMD CPO Ends Higher During Mid Session Tracking Sharp R...
Top 5 Special Reports
USD/INR (Oct 20) Consolidating in a Downtrend / More...
USD/INR (Oct 20) Consolidating in a Downtrend / More...
USD/INR (Oct 20) Consolidating in a Downtrend / More...
CCI Gears Up For Export First Time thru Government Chan...
Weekly: Pulses Rise on Crop Damage Report, Hike In MSP
Copyright © CC Commodity Info Services LLP. All rights reserved.