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Chana (Chickpeas) News - Chana Continues To Trade Under Pressure As New Crop Is At Hand
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Chana Continues To Trade Under Pressure As New Crop Is At Hand

New crop of desi chana is expected to hit market by mid Feb in south India, followed by M.P. & Karnataka & Mh in March. Crop condition is good so far. However, stock is decreasing fast in producing regions. Private trades may start offloading while Nafed too is releasing stock at regular intervals. All these factors would not allow chana cash market to move up beyond a certain level. Chana in Delhi market traded at 4575-4625.Need based buyings are being seen by millers while demand for daal is yet to improve. Overall sentiment remains weak.