Chana down on subdued buys from dal millers
Ram Gopal Yadav (7 years ago)

Chana prices were down in most markets because of subdued demand from the stockists and dal millers. The arrivals of chana in Delhi was at 300 tn and in Bikaner it was at 100 tn, both unchanged. Traders are waiting for the government procurement in Madhya Pradesh which may support prices slightly but sharp gains are unlikely because of bumper output of the pulse this season. The most active May chana futures on the NCDEX was down 1%.

Australia says nil chana export to India after it levied import duty
Ram Gopal Yadav (7 years ago)

India did not import any chana in February from Australia as compared to 675 tn in January and 20,999 tn in December after the former levied a customs duty. India is traditionally, Australia’s biggest chana importer. India had imposed a 60% customs duty on chana in March to curb cheaper imports and support prices. Overall, exports of chana from Australia in February were at 50,832 tn as compared to 58,190 tn in January. However, exports from Australia to other destinations particularly Bangladesh have increased in the above months.

NCDEX mustard seed hits 3-mo low tailing spot mkt
Ram Gopal Yadav (7 years ago)

The most active April contract of mustard seed on the NCDEX hit a three-month low of 3,897 rupees per 100 kg, tailing losses in the benchmark market of Jaipur in Rajasthan. Prices of mustard seed were down in Jaipur due to a rise in arrivals amid weak demand from stockists.