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Wednesday, August 2, 2017

Commodity Alert: NCDEX chana hits 1-week high on demand from millers


The September contract of chana on the NCDEX hit a one-week high of 5,048 rupees per 100 kg due to an increase in demand from dal millers and stockists, coupled with a fall in arrivals at key markets, traders said.On the NCDEX, the most active September contract of chana traded at 5,065 rupees per 100 kg, up 2.5% from Tuesday. In Delhi, the benchmark market for the pulse, chana was quoted at 5,100 rupees per 100 kg, up 50 rupees from Tuesday. Arrivals of chana were estimated at 225 tn today, compared with 375 tn.



Source: Newswire










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