Page 2 - Chana Prices

Commodity picks: October 22, 2019

Increasing pressure due to new crop arrival of soy beans and disparity in meal exports would keep meal prices under pressure

The humble 'chana' may decide BJP's political fate in three states it rules

In Madhya Pradesh, the country's biggest chana producing state, production this year is estimated to be almost 5.4 mn tonnes

Chana prices rise by almost 4% on export sop, MSP procurement talk

Under MEIS, exporters get access to a scrip which they can invoke as and when they imports a similar quantity

Chana prices stay above MSP as farmers hold on to produce

Chana is cultivated primarily during rabi season

Chana prices stay above MSP as farmers hold on to produce

Some traders said uncertainty over the 2017 southwest monsoon is also keeping prices firm

Chana prices buck declining trend in pulses

Chana was selling at an average price of around Rs 8,000 per quintal in August, but moved up to Rs 9,750 per quintal in September

Chana down 2.8% on profit booking

Improvement in supplies weighed on chana prices

Chana up 4% on tight stocks

According to analysts, speculative positions built up by participants, tight stocks positions pushed up chana prices

Chana down 1.6% on profit booking

Fall in demand at spot market and govt measures to curb rising prices influenced price of the commodity

Chana up 1.7% on spot demand

Commodity for delivery in far-month July contracts traded higher by Rs 63 or 0.93%

Chana up 4%; hit upper circuit on strong demand

Firm trend at spot market on upsurge in demand, restricted supplies pushed up chana prices

Chana falls by 1.3% on low demand

Sufficient stocks on higher supplies in the spot market also affected prices

Chana up by 1.9% on strong spot demand

Restricted supplies from producing regions also helped prices

Chana prices fall by 0.4% on muted demand

Participants lightened their positions, driven by easing demand against adequate stocks position

Chana up by 1.7% on strong demand

Besides, restricted supplies from producing regions fuelled the uptrend

Chana falls by 0.5% on adequate stocks

Participants lightened their positions, triggered by ample stocks at spot market