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Tuesday, May 12, 2015

EPIC RESEARCH NCDEX CHANA UPDATE OF 12 MAY 2015

Chana trading range for the day is 4600-4724.

Chana prices ended with losses tracking weakness in spot demand despite weak output estimates next year.

Import of Pulses touch record high of 4.1 million tons in 2014-15 as adverse Monsoon last year coupled with rising demand.

NCDEX accredited warehouses chana stocks gained by 1553 tonnes to 99337 tonnes.

In Delhi spot market, chana gained by 77.95 rupee to end at 4650 rupee per 100 kgs.

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