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Chana trade mixed at select markets

6 Oct 2022 8:22 pm
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Mumbai, 6 OCT (Commoditiescontrol): Chana traded mixed, at select markets on limited participation of besan and dall mills. Activity in Chana Dal and Besan was slow despite ongoing festive season. Buying interest was restricted to meet the immediate requirements.

At Mumbai, Tanzania Chana, both old-new crop, firmed up Rs 25 at Rs 4,250/100Kg & Rs 4,350 on millers buying and steep discount as compared to domestic varieties.

Recently, the Maharashtra state government decided to provide groceries to ration card holders in state. The card holders will get grocery package at Rs 100 for Diwali containing 1 kg of rawa (sooji), groundnuts, edible oil and Chana.

Meanwhile, sentiments continue to stay under pressure as the central government directed Nafed to dispose 15 Lakh tons of Chana at discount of Rs 8/Kg to states. Hence, Nafed is actively liquidating old procured Chana stock at discounted price in major state.

Currently, Nafed has more than 3 mt of Chana under the buffer stock, of which around 0.5 mt are from the 2020 and 2021 seasons. Sowing expected to begin within fortnight.

Private traders- stockiest were also active to sell their stock at every rise. Major trade activity continue to be need-based.

Spot Chana Prices In Key Indian Markets:



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



       
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