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Chana trade weak at select markets; Poor product offtake weighs

27 Sep 2022 7:57 pm
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Mumbai, Sep 27, (Commodtiescontrol): Chana prices traded weak, at select markets on thin trade from besan and dall mills as offtake of dall & besan below expectation despite ongoing festive period. However, NCCF invited bids to purchase Chana dal to supply in Haryana by 27th November, 2022.

Sentiments are still pressurised as Nafed is actively liquidating old procured Chana stock at discounted price in major state.

Chhattisgarh, Tamil Nadu, Himachal Pradesh, Gujarat and Karnataka have intended to procure Chana from the central government at discounted rate of Rs 8 per kg under various welfare schemes. They will send indents after assessing requirement.

Currently, central government has a stock of 30 lakh tonnes and is liquidating old crop Chana stock at a brisk pace to create space for new harvest due in April 2023

The buffer norm for Chana is 6 lakh tonnes.

Spot Chana Prices In Key Indian Markets:

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

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