Thursday 14 January 2016

Chana prices gain on lower arrivals in the spot market

Chana futures April contract NCDEX gain by 0.78% and settled at Rs. 4,400 per quintal yesterday as market participants increase their buying position on expectation of higher demand. 

There are reports of good weather across chana growing states Rajasthan and MP also pressurizing prices. However, imports at higher prices and dwindling stock in domestic market may support prices if demand increases.
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1 comment:

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