Tur arrivals rose in Gulbarga, Karnataka as farmers offloaded their supply on expectations of improved sowing in the wake of favourable monsoon in the last two-three days. However, prices of the pulse in Gulbarga, Karnataka, were steady as farmers refused to sell their stock at lower prices. However, price of tur will find support in the coming days due to improvement in chana prices.
NCDEX chana open interest at 40% of total volume on day of relaunch.
On the day of relaunch of chana futures on the National Commodity & Derivatives Exchange, open interest in the commodity was at 40% of the overall volume. Total open interest in the active contracts of September and October combined were 6,990 tonne, while the total volume traded was 17,380 tonne. It added that over 180,000 farmers had registered with the exchange. The most active September contract ended up 0.5% at 5,330 rupees per 100 kg.