Login ID:
Partner Login
Contact Us : 7066511911

Chana Trades Flat In Delhi Amid Limited Buying

12 Sep 2020 12:43 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commodities Control) – Rajasthan and Madhya Pradesh origin new Chana traded unchanged at Lawrence road market of Delhi, on Saturday, amid limited mill buying at higher rates.

Moreover, trade volume was reported to be limited in chana dal and besan. Mills are purchasing just to satisfy immediate processing requirements.

Rajasthan and M.P-origin new chana traded flat each, at Rs 5,275/100kg and Rs 5,200, respectively.

15 truckloads of supply arrived in the markets, up from 12 truckloads in the previous session.

Supply from Madhya Pradesh-origin was lower due to disparity.

Nafed has been active at liquidating stocks at higher rates, however the agency rejected bids of lower rates.

As per market talk, Chana prices likely be underpinned as consumption may continue amid festive season. Lesser ready stock and negligible overseas supplies of Kabuli Chickpea and White Pea may support Chana prices further. However, supply of Chana/Kabuli Chickpea supply is expected by September end, but parity is higher.

Meanwhile, NAFED has indicated that the chana stocks procured so far will be sold through various government schemes announced (PMGKAY). Nafed has target to distribute Chana under (PMGKAY) around 9.73 lakh tonnes till 30 November 2020. About 4.73 lakh tonnes dispatched so far.

(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 Mixed For Second Straight Day in Spot Mkts
Tur Continues To Trade Weak in Major Mkts
Tur Pound in Indore On Government Extended Validity of ...
Chana Futures Prices Slides Again Amid Demand Scare
Moong Traded Mixed in Major Mkts
Top 5 News
SEA Urges Govt. Not to Reduce Import Tax on Edible Oils...
Chana Mixed For Second Straight Day in Spot Mkts
Spot Turmeric Prices Muted amid Lack of Demand, Futures...
Tur Continues To Trade Weak in Major Mkts
Mustard seed, Oil Prices Steady on Speculation of Govt ...
Top 5 Special Reports
USD/INR (Nov ‘20) – Positive Short-term Trend / May Ret...
USD/INR (Oct ‘20) – Positive Short-term Trend / May Ret...
Weekly: Tur, Chana Plunge Most This Week, Moong Gains
Copyright © CC Commodity Info Services LLP. All rights reserved.