In Agri Tips ,Chana prices closed higher 2.02 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana planned for 07/ 15 contract closed at Rs. 4,249 per quintal, up by 2.02 per cent, after opening at Rs. 4,184 against the previous closing price of Rs. 4,165. It touched the intra-day high of Rs. 4,273.Moreover, the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices.India is the biggest manufacturer of chanapea followed by iran. Turkey and Pakistan. India produces around 6 to 8 million tonnes and contributes around 70% of the total world production.Wednesday 1 July 2015
Agri Tips Update - "Chana ends higher on limited stocks"
In Agri Tips ,Chana prices closed higher 2.02 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana planned for 07/ 15 contract closed at Rs. 4,249 per quintal, up by 2.02 per cent, after opening at Rs. 4,184 against the previous closing price of Rs. 4,165. It touched the intra-day high of Rs. 4,273.Moreover, the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices.India is the biggest manufacturer of chanapea followed by iran. Turkey and Pakistan. India produces around 6 to 8 million tonnes and contributes around 70% of the total world production.
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