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Rajasthan Origin Chana weak in Delhi on thin buying despite less supplies

21 Jan 2022 1:31 pm
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Mumbai, 21 Jan (Commoditiescontrol) – Rajasthan-origin Chana traded weak at the Lawrence road market of Delhi on Friday amid thin mills buying activity despite less supplies.

Arrivals of new Chana witnessed at few markets of Maharashtra (Latur-Dudhani), Gujarat (Rajkot) and Madhya Pradesh (Khandva).

Meanwhile, actual demand in Chana dal and besan reported thin.

22 truckloads of supply arrived in the markets, down from 32 truckloads in the previous session.

Rajasthan origin chana fell by Rs 25 at Rs 5,125/100kg. While, Madhya Pradesh Chana unchanged at Rs 5,050.

Nafed sold procured Chana Rabi-2020 at Rs 4,861/100Kg in Rajasthan on 20th Jan, 2022. In Madhya Pradesh, Rabi-2019 sold at Rs 4,610-4,650 and Rabi-2020 at Rs 4,811. In Andhra Pradesh, Rabi-2020 sold at Rs 4,710.

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.

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


       
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