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Mumbai, April 16 The Delhi Government move to impose individual stock limit on essential commodities dragged chana for April delivery on NCDEX to its lower circuit of 2.5 per cent at Rs 2,498 per quintal, while the May contract was close to the lower circuit but recovered to end the day with a loss of 0.8 per cent at Rs 2,608 per quintal.

The recent raids by the rationing officers to enforce storage limits in Delhi has also pulled down prices in the spot markets by Rs 225 per quintal to Rs 2,400 in last five days. Barley fell 2.39 per cent to Rs 1,030 per quintal as the arrivals in Rajasthan spot markets increased by 1.25 lakh bags. Mustardseed dropped 1.90 per cent to Rs 538 per 20 kg.

Jeera hit the upper circuit of four per cent at Rs 8,828 per quintal on value buying as the prices have fallen drastically in the last few days. Chilli gained 2.9 per cent to Rs 5,071 per quintal as arrivals were down.

More Stories on : Pulses | Commodity Exchanges

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