NCDEX chana trading range August 4200-4620
Chana live prices,chana trading range August 4200-4620
Chana Stocks at NCDEX accredited warehouses stood at 100180 metric tonnes (Indore: 192, Bikaner 73,100, Jaipur 26,888) as on 24th June, up 100157 metric tonnes from the previous session, the exchange data showed.
Prices of Chana likely to depends on government policy. However, Chana prices are likely to get support due to decreasing arrivals because of lower output these season, lower import quota of White Pea for this year and also as crushing of Chana has increased due to cheaper prices and easy availability compared to White Pea/Tevda/Batri.But, market players were fear that Nafed will liquidate old procured balance stock. In the current season so far, Nafed has procured very less Chana as compared to last year.Regular supply of Kabuli Chickpea from overseas at cheaper rates is also pressurising prices of chana as it is used for crushing as a subsitiute of White Pea and Chana
