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Chana remain weak in selective spot, sowing in Rajasthan down 30%

26 Oct 2021 8:03 pm
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Mumbai, 26 Oct (Commoditiescontrol) – Chana prices remained weak by Rs 25-100/100Kg, as per quality, on Tuesday, in selected markets, amid thin buying from mills.

Meanwhile, action in Chana dal and besan witnessed below expectation last week despite festive season is going on.

Sentiments in pulses market was depressed due to government intervene and policies.

Moreover, stockists and farmers holding Chana stock are now active to liquidate stock.

Nafed sold procured Chana Rabi-2020 at Rs 4,901/100Kg in Rajasthan on 25th Oct, 2021.

Nafed is actively liquidating its stocks of Chana at various centres. However, Nafed old procured Chana stock of R-2018 and R-2019 was reported negligible in Madhya Pradesh and quality of R-2020 was average.

In Mumbai, Tanzania Chana fell by Rs 25 at Rs 4,800-4,900/100Kg amid thin buying, overseas supplies.

Rabi sowing in Rajasthan up 33 percent 2021-2022 season, according to state agriculture department as on 25 Oct, 2021. Chana down 30%.

Chana prices may get some support at lower rates in fortnight on anticipation low acreage in the ongoing rabi season as farmers are seen taking more interest in cultivation of mustard seed and they may divert some areas of chana to mustard seed farming.

Spot Chana Prices In Key Indian Markets:



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


       
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