Login ID:
Password:
Partner Login
Contact Us : 7066511911

Chana trades mixed at local markets; slow arrivals undermine slack mill buying

10 Aug 2022 7:41 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, 10 Aug (Commoditiescontrol): Chana or Chickpea prices traded mixed, as per quality at select markets due to limited mills participation despite fewer domestic arrivals.

On the other hand, Tanzania Chana moved higher by Rs 100 to Rs 4,675-4,700/100Kg on millers buying due to steep discount as compared to domestic varieties.

In Chana Dal and Besan, limited demand was seen due to the upcoming festival season. However, demand was only to meet the immediate requirements and was below market expectations.

Meanwhile, millers were facing difficulty in getting good quality Chana for crushing. Sellers were inactive in superior quality Chana.

Nafed is active to liquidate old procured Chana stock in select state at discount to prevailing market prices. Old procured Chana quality was average which Millers prefer for besan, and not chana dal.

Government is holding a substantial stock of good quality new crop Chana.

Nafed sold procured Chana Rabi-2020 at Rs 4,603-4,660/100Kg in Rajasthan on 8th Aug, 2022. In Madhya Pradesh, Nafed sold procured Chana Rabi-2020 at Rs 4,603-4,611/100Kg.

At Indore, 42-44 count kabuli Chickpea was quoted at 1500 FOB basis for Nhava-sheva/Mundra and 44-46 count kabuli Chickpea was quoted at 1470 FOB basis for Nhava-sheva/Mundra.

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
Oil Spot Prices : 24 Sep 2022
Mustard seed, oil prices fall, cake stays flat
MPOA Malaysia CPO Production 1 - 20 Sep 2022
South American soybean production likely to hit record...
CBOT soybean futures settle down on macroeconomic fear...
more
Top 5 News
Myanmar exports 723,000 MT of pulses in over five month...
Cotton stable in Lower Rajasthan amid limited offtake
Cotton remains stable in Madhya Pradesh amid limited bu...
Heavy rains over Punjab, Haryana may cause damage to kh...
Cotton falls further in Karnataka amid subdued buying
Top 5 Special Reports
Weekly: ICE Cotton futures extend weekly fall on demand...
Weekly: ICE raw sugar melts to dim economic outlook; Lo...
Urad (Chennai) Retesting a Key Support Zone (Rs. 7,85...
Sunflower Refined Oil (AP) Inflection Point: Retestin...
Red chilli prices steady/down on weak demand
Copyright © CC Commodity Info Services LLP. All rights reserved.