Chana ends higher on thin supply

Chana prices closed lower by 1.4 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major manufacturing states. At the NCDEX, chana futures for 08/ 2015 contract closed at Rs. 4,575 per quintal, down by 1.4%, after opening at Rs. 4,625 against the previous closing price of Rs. 4,640. It touched the intra-day low of Rs. 4,567.India is the largest producer of chickpea followed by Turkey and Iran,Pakistan,. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world productionChana prices closed lower by 1.4 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major manufacturing states. At the NCDEX, chana futures for 08/ 2015 contract closed at Rs. 4,575 per quintal, down by 1.4%, after opening at Rs. 4,625 against the previous closing price of Rs. 4,640. It touched the intra-day low of Rs. 4,567.India is the largest producer of chickpea followed by Turkey and Iran, Pakistan,. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.