login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Kabuli Chana Prices Plummet Amid Weak Demand, Centre Govt to Probe Artificial Price Hike

14 Sep 2024 8:30 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

INDORE, 14 Sep (Commoditiescontrol): The Kabuli chana market is experiencing a significant decline in demand, with both domestic consumption and export orders slowing down. This, coupled with the arrival of low and medium-quality chana, has led to a price drop. On Saturday, prices fell by ₹400 per quintal in container trade, though auction prices showed a slight rise.

Indore-based traders have expressed concerns about artificial price inflation. Following their complaints to the central government, officials summoned the traders to Delhi for discussions on December 13. After the meeting, traders revealed that the government is planning to form an investigative committee to probe the issue.

In addition to government engagement, traders from Indore have sought support from Congress leader Kapil Sibal, urging him to file a public interest litigation (PIL) in the Supreme Court regarding Kabuli chana trading practices.

Meanwhile, in Madhya Pradesh, the supply of Kabuli chana has remained stable at around 2,000 bags. On Saturday, Indore’s Krishi Mandi recorded an arrival of 600 quintals, with auction prices ranging from ₹9,300 to ₹14,465 per quintal. Premium Kabuli chana prices were at ₹17,100 per quintal.

(By Commoditiescontrol Bureau; +91 98201 30172)


       
  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 :  
   

Post Comment  

Latest Market Commentary
Mentha Oil Prices Surge Amid Increased Overseas Demand
Guar Seed and Gum Prices Strengthen Amid Improved Deman...
Mentha Oil Prices Continue to Decline for Third Consecu...
Guar Seed and Gum Prices Decline Amid Selling Pressure
Mentha Oil Prices Dip Sharply Due to Weak Demand
more
Top 5 News
Small Cardamom Prices Decline Amid Harvesting Pressure
Domestic Pepper Prices Stable; Vietnam Prices Continue ...
ICE/ZCE Daily Rates Update ( Time: 20:25 ) - 08 OCT 202...
DCE Daily Rates Update ( Time: 20:23 ) - 08 OCT 2024
Tur and Urad Prices Drop 10% in Mandis; Retailers Under...
Top 5 Special Reports
Soybean Price Upside Limited by Global Surplus Despite ...
Weekly: Sugar Prices Extend Weekly Gains Amid Brazil's ...
Weekly: Cotton Futures Edge Up Amid Port Strike Resolut...
Farmers in Madhya Pradesh Demand Relief as Soybean Crop...
U.S. Cotton Sales See Weekly Uptick, Exports Rise 35%
Copyright © CC Commodity Info Services LLP. All rights reserved.