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Delay in arrival of new crop lifted chana prices over the past one week by almost ₹200 in the past one week with chana ( kanta ) in Indore mandis being quoted at ₹3,325-50 a quintal, while chana ( desi ) ruled at ₹3,050, chana ( mausmi ) at ₹3,200-3,400 and Kabuli Bitki ₹2,900-3,100. Besides delay in arrival of new crop, fear of lower crop output has prompted speculators to lift chana prices.
According to Prakash Vora, a local chana trader, prices will likely to rule firm or trade higher till arrival of new crop, which is expected to hit mandis in Madhya Pradesh by mid-February.
Chana dal (avereage) traded at ₹3,750-4,050, chana dal (medium) at ₹4,100-4,300, while chana dal (bold) ruled at ₹4,350-4,450.
Dollar chana also traded higher on weak arrival and improved demand at ₹4,500-5,400. In container, dollar chana (42/44 count) went for ₹5,550-75, 44/46 count ₹5,375-5,400, 60/62 count ₹4,700-25 a quintal.
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