Login ID:
Password:
Partner Login
Contact Us : 7066511911

Chana trade mixed at select markets

6 Oct 2022 8:22 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

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)



       
  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
Malaysia keeps Dec CPO export duty unchanged at 8%, but...
Indonesia sets crude palm oil reference price at $824.3...
DCE OIL COMPLEX AFTERNOON CLOSING 30 NOV 2022
30 Nov 2022 20:25 MDEX/CBOT/DCE/ZCE Daily Rates Update
Veg Oil Duty Calculation - 30 Nov 2022
more
Top 5 News
Polyester yarn prices ease due to cheaper fibre, altern...
Malaysia keeps Dec CPO export duty unchanged at 8%, but...
Govt raises base import price of crude palm oil, soyoil...
Indonesia sets crude palm oil reference price at $824.3...
Basmati rice exports likely to rise on firm demand from...
Top 5 Special Reports
Mumbai Lemon Tur (Pigeon Pea) Counter-trend Decline /...
Mustard Seed (Jaipur) Inflection Point: Retesting Key...
Groundnut Oil (Rajkot) Correction Underway / Next Sup...
Desi Moong (Jaipur) Failure at Key Resistance (Rs. 7,...
Mustard Cake (Jaipur) Counter-trend Rally / Key Resis...
Copyright © CC Commodity Info Services LLP. All rights reserved.