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Chana trades mixed in major spot mkts

20 Jan 2022 11:05 pm
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Mumbai, 20 Jan (Commoditiescontrol) – Chana prices traded mixed, as per quality, on Thursday, in major markets amid limited buying from mills.

Meanwhile, demand and sale in Chana dal and besan was reported thin.

Nafed sold procured Chana Rabi-2020 at Rs 4,826-4,917/100Kg in Rajasthan on 19th Jan, 2022. In Madhya Pradesh, Rabi-2018 sold at Rs 4,600-4,621 and Rabi-2020 at Rs 4,771-4,775.

At Mumbai, Tanzania Chana eased by Rs 25 at Rs 4,625/100Kg amid thin buying, overseas supplies, new domestic arrivals witnessed in Maharashtra.

New Chana traded at Rs 5,000-5,200/100Kg with arrivals of 25 bags at Latur market. At Dudhani market, new chana traded at Rs 4,700-5,000/100Kg with arrivals of 20 bags.

However, availability of good quality old Chana was less in market. Also, Nafed liquidate procured old Chana was also average quality.

Forecast of rain was reported at Chana producing centers, such as Madhya Pradesh, Rajasthan, Gujarat and Maharashtra.

Harvesting of new Chana likely to began in near future at southern markets and Maharashtra. New chana crop expected to be good in Gujarat-Karnataka & Maharashtra (Vidarbha).

Government agencies liquidating procured stocks and lockdown fear due to spread of Omicron will keep prices under pressure.

Stockists and farmers holding Chana stock were active to liquidate procured stock at every rise 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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