Commodities

Poor demand pounds chana

Our Correspondent Indore | Updated on June 23, 2020 Published on June 23, 2020

Weak demand and decline in buying support at the higher rate dragged chana at the mandis in Indore. Chana was being quoted at ₹4,250-75 a quintal. Compared to last week, chana is ruling at ₹100 higher. Amidst rise in futures and weak availability, chana had risen to ₹4,300 two days back. Chana dal (average) fetched ₹5,200-5,300, chana dal (medium) ruled at ₹5,400-5,500, while chana dal (bold) ruled at ₹5,600-5,700 a quintal, respectively. Improved domestic and export demand perked up dollar chana with its prices being quoted at ₹5,100-5,500. Arrivalsacross Madhya Pradesh were recorded at 10,000 bags. In containers, too, dollar chana traded higher on improved export demand with 42/44 count at ₹6,450 a quintal; 44/46 count fetched ₹6,250, while dollar chana 58/60 count was quoted at ₹5,300 a quintal, respectively.

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Published on June 23, 2020
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