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Dollar chana was unchanged on Tuesday even as local and export demand has weakened.
Higher global output and a weaker dollar against the euro has reduced overseas demand for dollar chana. Merely 70,000 tonnes have been exported so far this year against a lakh tonnes during the same period last year, trade sources said. Besides, a recent strike in the Mumbai port that delayed 100 containers has worsened the market sentiment.
Local demand has dropped following a general sluggish trend in pulses. Orders are being placed for the cheaper inferior quality, said wholesale trader Mr Sanjay Bansal. With export demand down, the best quality dollar chana is surplus now.
In local mandis , dollar chana remained steady at Rs 6,200-7,400 a quintal amid arrival of 2,000 bags. In the container also dollar chana ruled stable with 42/44 count ruling at Rs 8,100, 44/46 count at Rs 8,000, 46/48 count at Rs 7,900 and 58/60 count at Rs 6,500.Kanta chana declined by Rs 50 at Rs 4,300 a quintal; Desi chana also declined to Rs 4,200; Mausmi chana ruled at Rs 4,800-5,200; and annagiri at Rs 4,300-4,500. In mandis here, 2,000 bags of chana arrived.Chana dal ruled flat on subdued demand, with average dal being quoted at Rs 5,100-5,125, medium dal at Rs 5,200-5,225 and bold dal at Rs 5,425-5,450 a quintal.
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