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Chana (Chickpeas) News - Chana is Likely To Move Towards MSP As Mills Are Active and Arrivals 50%25 Down
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Chana is Likely To Move Towards MSP As Mills Are Active & Arrivals 50% Down

 
Improvement in Chana price is likely to continue in coming weeks. As per the market sources,around to 30 to 40 % stocks have been sold out at the low price while mills are active in Maharashtra and Madhya Pradesh.Chana price is likely to move up by 150-200 if buying activities by mills continues.However,selling strategy  and price level by Nafed remain crucial at this point of time.If Nafed sells near 4500-4600,the rise might be limited.For Delhi Mills,there is no parity from Bikaner line.Availability in Maharashtra has already decreased. So improvement in Chana price in delhi market is expected.