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Declining arrivals and robust demand continued to push dollar chana, or chickpea, prices up in Indore mandis . In the past two days, dollar-chana prices have gone up by Rs 250-300 on the back of strong buying in domestic and export markets. Arrivals remain weak with merely 2,000-2,500 bags being offloaded in local mandis against 3,000-3,500 on Tuesday.
On the other hand, subdued demand kept chana firm at Rs 2,490-2,500 a quintal and chana ( desi ) ruled at Rs 2,450-2,460 a quintal. Arrivals in local mandis have also declined with about 1,500-2,000 bags being offloaded. Weak demand in chana also led to decline of its dal, with chana dal (bold) being quoted at Rs 3,125-3,150 against Rs 3,175-3,200 on Tuesday. Similarly, chana dal (medium) ruled at Rs 3,025-3,050 and chana dal (average) ruled at Rs 2,925-2,950 a quintal.
Bullish trend continued in tur on poor arrivals and improved demand. Extending its gain from Tuesday, tur (Maharashtra) was quoted up Rs 50 up at Rs 3,000 a quintal and tur ( Nimari ) ruled at Rs 2,100-2,500 a quintal. Rise in tur also perked up tur dal with tur ( marka ) in the spot quoted Rs 100 up at Rs 5,800, tur dal (full) at Rs 5,200-5,300 and tur dal ( sawa no.) at Rs 4,200-4,350 a quintal.
Improved buying also perked up masoor marginally at Rs 2,760-2,770 against Rs 2,740-2,750 on Tuesday. Masoor (medium) ruled at Rs 2,500. Masoor dal remained steady with masoor dal (bold) being quoted at Rs 3,400-3,425 a quintal.
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