Futures contracts of chana on the NCDEX hit 5,847 rupees per 100 kg, the highest since the re-launch of the contract. Investors bought chana futures on the expectation of better demand in coming days ahead of festivals. The most-active September contract was at 5,826 rupees per 100 kg, up0.8% from the previous close. Prices of chana in spot markets were, however, steady. In Delhi, the benchmark market for the commodity, chana was quoted at 5,900 rupees per 100 kg, while in Bikaner, it was quoted at 5,700 rupees. Arrivals of chana in Delhi were pegged unchanged at 375 tn today.
Source: Newswire
More will update soon!!
More will update soon!!
