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Even as spot chana and masoor in local mandis rose, trading in pulses and pulse seeds remained sluggish on lower buying.
Trading at local mandis, which opened on Tuesday after two days of holidays, was dull in absence of active buying. Notwithstanding slack demand and weak chana futures on the National Commodity and Derivatives Exchange, speculation and demand from stockists perked up spot chana by Rs 50 at Rs 3,150 a quintal.
However, chana (kanta) had few takers as demand from millers and traders dropped at the higher rate. Chana (desi) also perked up to Rs 3,050 a quintal. Traders hope chana will open lower on Wednesday because of weak demand at the higher rate.
Rise in spot chana also perked up chana dal by Rs 50, with chana dal (bold) in the spot market being quoted at Rs 3,900-3,925 a quintal, chana dal (medium) at Rs 3,800-3,825 and chana dal (average) at Rs 3,675-3,700 a quintal.
Masoor also gained Rs 25-50 on weak arrivals and increased demand. In the spot market, masoor (bold) quoted at Rs 2,875-2,900, while masoor (medium) was at Rs 2,600.
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