NCDEX chana down on sluggish buys from dal millers

Futures contracts of chana fell on the NCDEX because of sluggish demand from the dal millers in the domestic market and reports of slow progress of government procurement. A weak sentiment is seen due to talks that Maharashtra government is insisting local traders buy chana at the minimum selling price, causing trade participation to reduce

Groundnut price down in Gondal on sluggish demand

Prices of groundnut were down in Gondal because of sluggish demand from oil millers. A 31.8% decline in the exports of the groundnut seed during Apr-Feb is also seen creating bearish sentiments. Exports of groundnut in Apr-Feb was at 449,190 tn as compared to 658,168 tn in the corresponding period last year.