Notwithstanding sluggish demand in pulses and besan, chana inched up to Rs 3,100 a quintal (Rs 3,050-75) on rise in futures.

Besides huge crop production, bumper yield in dollar chana this year has also been keeping chana prices under leash, said a trader adding that with increased use of dollar chana and other lower varieties such as kaktu and Kabuli Bitki by the millers for manufacturing ‘besan’, demand for chana from the millers in the past sometime has declined sharply this year.

Traders, however, expect some gain in chana prices in the coming days as demand for chana from the millers will likely to increase during the festive season next month.

Chana dal (average) was at Rs 3,600-25 a quintal, chana dal (medium) at Rs 3,725-50, chana dal (bold) ruled at Rs 3,900-50 .

Dollar chana ruled flat at Rs 3,500-4,500 a quintal on steady demand. In container, however, improved export demand perked up dollar chana prices by Rs 100 a quintal in the past one week.

On Tuesday, dollar chana (42/44 count) was quoted at Rs 5,400-25 , 44/46 count at Rs 5,175-5,200, 46/48 count at Rs 4,975-5,000, while 58/60 count ruled at Rs 3,425-50 and dollar chana (60/62 count) ruled at Rs 3,300-25 a quintal respectively.

Published on July 9, 2013