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Sellers Activeness Puts Chana Under Pressure,More Dip Seems In The Sight

Published on: Oct 11, 01:36

 Chana markets traded lower due to incoming imported Chana in bulk during the week under review. Around 3 lakh tonne is expected in three months including Oct too. Besides, there is a gossip circulating in the market that farmers of Rajasthan, MP would reduce wheat and corriander area this year and shift it to Chana in Rabi season. As prices of pulses are ruling below MSP except Chana, area shift from other pulses to Chana too is a visible possibility. Overall  tone seems bearish.