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Chana extend fall in selective spot mkts

25 Jan 2022 7:45 pm
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Mumbai, 25 Jan (Commoditiescontrol) – Chana prices extended fall by Rs 25-100/100Kg, as per quality, on Tuesday, in selected markets amid thin buying from mills.

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

Nafed sold procured Chana Rabi-2020 at Rs 4,701-4,725/100Kg in Madhya Pradesh on 24th Jan, 2022.

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

New Chana traded at Rs 4,800-5,050/100Kg with arrivals of 300 bags at Latur market. New Chana traded at Rs 4,800-4,900 with arrivals of 50 bags at Dudhani market. In Jalna market, new Chana traded at Rs 4,751 with arrivals of 6 bags.

Arrivals of new Chana witnessed at few markets of Maharashtra, Gujarat, Karnataka and Madhya Pradesh.

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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