Chana gained in Indore mandis on improved demand from millers and comparatively weak arrivals. Arrival of chana was 1,500-2,000 bags being offloaded in the local mandis.
Compared with spot, chana prices on the futures market ruled sluggish with May contracts on the NCDEX closing Rs 5 lower at Rs 2,305 a quintal. Chana (desi), on the other hand, quoted at Rs 2,250-60, while chana (mausmi) at Rs 2,400-2,600 a quintal. Chana dal, however, ruled firm with chana dal (bold) in the spot quoting at Rs 2,925-50, chana dal (medium) at Rs 2,825-50 and chana dal (average) at Rs 2,700-25 a quintal.
Dollar chana or chickpea ruled firm with its prices in the spot quoting at Rs 5,400-5,600 a quintal, while in container, dollar chana (42/44 count) ruled steady at Rs 6,400. Arrival of dollar chana continued to be on the higher side. On Wednesday, about 8,000 bags arrived in the local mandis . In the past few days, dollar chana prices have declined by about Rs 600-Rs 700 a quintal. Tur ruled firm despite limited queries from buyers. In the spot, tur (Maharashtra) ruled steady at Rs 3,350 a quintal, while tur (red) quoted at Rs 3,200 and tur (Nimari) at Rs 3,000- 3,100 a quintal. Among dal varieties, tur marka stayed firm at Rs 6,100 a quintal, while tur dal (full) quoted at Rs 5,450-5,600 and tur dal (sawa no.) quoted at Rs 4,950-5,000 a quintal.
Masur gained Rs 50 on improved demand with masur (bold) quoting at Rs 3,000 a quintal, while masur (medium) at Rs 2,600. Masur dal ruled steady with the bold variety quoting at Rs 3,625-3,650 a quintal, masur dal (medium) at Rs 3525-3,250 and masur dal (average) at Rs 3,400-3,425 a quintal respectively.
Urad (bold) in the spot quoted steady at Rs 4,000 and urad (medium) at Rs 3,500-3,700 a quintal.
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