Delhi Chana Outshines Pea in Spread Dynamics

Mumbai, 9 Sep (Commoditiescontrol) : The spread analysis between Delhi Chana (Rajasthan Line) and Pea (Kanpur, UP) showcases Delhi Chana's superior performance, with the spread currently positioned at 1.88. This figure approaches the upper limit of the historically established range from 1.00x to 2.10x, a trend consistent since 2014.

The analysis suggests a strategic opportunity in favouring Delhi Chana over Pea, reflecting its relative market strength. Analysts advise adopting a buying stance on Delhi Chana and a corresponding selling position on Pea to capitalize on the prevailing market conditions.


(By Commoditiescontrol Bureau: 09820130172)