Chana continued to witness a bullish trend in the spot market on the back of rising futures. Chana quoted at Rs 2,675-2,700 a quintal, while chana ( desi ) ruled at Rs 2,625 a quintal. In the morning, chana opened at Rs 2,660 a quintal. Later in the evening, some speculators, piggybacking on the negative sentiment in the chana market, quoted chana as high as Rs 2,700 a quintal.

Besides bullish futures, monthly cuts in chana on the National Commodity and Derivatives Exchange, a weak monsoon and depleting stocks also added to the bullishness, said a chana trader, Mr Sanjay Bansal. On the other hand, speculators are also riding on the rise in spot chana, which may touch the Rs 3,000-mark soon if speculators are allowed to have their way, trade experts said. Ten to 12 trucks of chana arrived in local mandis .

Chana dal also witnessed an uptrend. Chana dal (bold) was quoted at Rs 3,325-3,350, chana dal (average) at Rs 3,200-3,225 and chana dal (medium) at Rs 3,100-3,125 a quintal on Wednesday.

Dollar chana or chickpea is also witnessing bullish trend on robust demand in domestic and export markets. Extending its gain from yesterday, dollar chana surged to Rs 6,000-6,500 a quintal, up Rs 200, in local mandis . Arrivals in local mandis remained slack with merely 1,500 bags being offloaded.

Tur and its dal ruled firm. Tur (Maharashtra) ruled flat at Rs 3,000-3,025 and tur dal ( marka ) also ruled steady at Rs 5,900. Tur dal (full) sold at Rs 5,400-5,450 and tur dal ( sawa no.) at Rs 4,450-4,500

Masoor and its dal showed marginal decline on subdued demand. Masoor (bold) was quoted at Rs 2,825-2,830 against Rs 2,850 on Tuesday. Similarly, masoor dal also traded lower on slack demand with masoor dal (bold) being quoted at Rs 3,375-3,400, masoor dal (medium) at Rs 3,275-3,300 a quintal and masoor dal (average) at Rs 3,150-3,175 a quintal.

Moong ruled firm at Rs 4,200-4,300. Urad also ruled flat at Rs 4,200 a quintal on subdued demand.

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