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Chana witnesses mixed trend in selective spot mkts

2 Dec 2021 7:13 pm
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Mumbai, 2 Dec (Commoditiescontrol) – Chana prices traded mixed for second straight day in a row, as per quality, on Thursday, in selected markets amid thin buying from mills.

Production of Australia Chickpea is forecast to increase by 37% to 10.04 lakh tonnes during the year 2021-22, according to Abares crop report December 2021.

Nafed sold procured Chana Rabi-2020 at Rs 4,828-4,901/100Kg in Rajasthan on 1st Dec, 2021. In Madhya Pradesh, Rabi-2020 Chana sold at Rs 4,751.

However, Nafed procured old Chana quality was average.

Nafed is actively liquidating its stocks of Chana at various centres at lower rates and rise in Chana acreage will keep prices under pressure.

Stockists and farmers holding Chana stock were active to liquidate procured stock at prevailing rates as quality was affected and also due to cash crunch.

Spot Chana Prices In Key Indian Markets:

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

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