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Chana mixed in selective spot mkts, sowing up 3.9 %

21 Jan 2022 10:29 pm
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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)


       
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