Chana ruled flat at Rs 3,450 a quintal amid slack demand even as arrival of new chana in the local mandis has declined in the past few days due to continuing labourers strike.

Chana (desi) also ruled stable at Rs 3,200. Among other varieties, chana (Vishal) on Tuesday ruled at Rs 2,900-3,200; chana (Annagiri) at Rs 3,200-3,300; chana (Russian) at Rs 3,500; chana (Mausmi) Rs 4,000-4,500, while Kabuli Bitki ruled at Rs 3,500.

>Chana prices have declined by Rs 75-100 a quintal in the last two sessions with stockists, anticipating bumper crop output, indulging in panic selling.

Chana prices have been declining on better crop prospects in major chana growing States of Madhya Pradesh, Maharashtra and Uttar Pradesh.

Added to this, arrival of large quantity of imported chana from Australia and Tanzania has forced stockists release carryover stocks, leading to a decline in prices.

With Madhya Pradesh already having about 10 lakh tonnes of carryover stocks, prices may decline by Rs 200, said a trader.

According to experts, output in Madhya Pradesh this year is expected around 16 lakh tonnes against 82-83 lakh tonnes at the national-level.

As the weather gets drier in the next few days, arrival of new chana will pick up, subject to discontinuation of labourers’ strike.

Chana dal also ruled stable amid slack demand. However, compared with last week, its is ruling Rs 50-75 higher.

On Tuesday, chana dal (average) ruled at Rs 4,150-75; chana dal (medium) Rs 4,250-75; chana dal (bold) Rs 4,375-4,400.

Dollar chana also ruled steady at Rs 4,000-4,800 amid subdued demand, even as arrival declined to 700-800 bags on account of continuing labourers’ strike. In container, dollar chana new (42/44 count) ruled at Rs 5,750-75; 44/46 count Rs 5,625-50 while 58/60 count ruled at Rs 4,200.

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