Login ID:
Password:
Partner Login
Contact Us : 7066511911

Chana mixed in selective spot mkts, sowing up 3.9 %

21 Jan 2022 10:29 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, 21 Jan (Commoditiescontrol) – Chana prices traded mixed, as per quality, on Friday, in selected markets amid limited buying from mills.

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

India 2021-22 Rabi Chana acreage was up 3.9 %, as on Jan 21, at 113.3 Lakh Ha Vs 109.05 Last Year.

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.

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

New Chana traded at Rs 4,700-4,900/100Kg with arrivals of 30 bags at Latur market.

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)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   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
BMD CPO reverses early losses to end nearly 2.5% higher...
Palm oil analyst Mistry writes a letter to Indonesian g...
China to sell 500,000 T of soybean from reserves on Jun...
Mustard seed, oil&cake prices down on weak global cues...
OIL SPOT PRICES - 26 MAY 2022
more
Top 5 News
BMD CPO reverses early losses to end nearly 2.5% higher...
India's sugar export restriction a mere process, little...
Domestic Masoor mixed at selective mkt, Imported variet...
Stockiest incur huge loss as green pea prices drop 45% ...
Palm oil analyst Mistry writes a letter to Indonesian g...
Top 5 Special Reports
Mustard Cake (Jaipur) Correction Underway / Next Supp...
Chana (Indore) Failure at Resistance (Rs. 10,500) / N...
Indonesia issues domestic sales rule for palm oil, comp...
Pigeon Pea (Akola) Inflection Point: Retesting Range ...
Castor Oil (Kadi) Limited Upside Potential: Prices Tr...
Copyright © CC Commodity Info Services LLP. All rights reserved.