Spot chana up a tad amid dull trade

Our Correspondent Indore | Updated on August 16, 2011 Published on August 16, 2011


Trading in pulses and pulse seeds remained sluggish at local mandis as they opened after three days of holidays, with most traders shying away from the market. Barring chana and moong, all pulses and pulse seeds ruled steady despite subdued demand.

Trading remains dull as people come out to support Anna Hazare's campaign against corruption, Mr Ramchandra Khandelwal, a pulse trader, told Business Line.

Taking cues from higher futures, spot chana gained marginally even as demand remained subdued. On Tuesday, chana (kanta) was quoted at Rs 3,000-3,050 a quintal against Rs 2,975-3,025 last Friday. Rise in chana also perked up chana dal, with chana dal (bold) being quoted at Rs 3,750-3,775, chana dal (medium) at Rs 3,650-3,675 and chana dal (average) at Rs 3,525-3,550 a quintal.

Masoor ruled firm at Rs 2,775-2,800 and masoor (medium) quoted at Rs 2,300-2,500.

Published on August 16, 2011
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