Wednesday, April 08, 2015

NCDEX AGRI COMMODITY NEWS UPDATE CHANA 08 - APRIL - 2015

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Chana trading range for the day is 3756-3848.     
Chana prices dropped on profit booking after gaining followed by the expectation of a lower output due to unseasonal rains in the northern region.      
Final acreage numbers are revised down to 8.56 million hectare as sowing in Madhya Pradesh, Rajasthan and Karnataka was lower than expected.           
NCDEX accredited warehouses chana stocks gained by 1245 tonnes to 3416 tonnes.        
In Delhi spot market, chana gained  by 3.4 rupee to end at 3825 rupee per 100 kgs.          
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