Chana Settled Down By -3.33% At 4739

Chana settled down by -3.33% at 4739 due to higher supplies from producing belts in the physical market following the government measures to check prices. Chana prices weakened further in Indore mandis on absence of buying support from millers and stockists. As per data release by Agriculture Ministry, chana planted on 79.17 lakh hac, higher by 4 per cent compared to last year acreage of 75.82 as on now. 

The acreage under chana reported higher in Maharashtra (12.72 lh Vs 9.6 lh), Andhra Pradesh (3.32 lh Vs 2.67 lh) and Karnataka compared to last year’s acreage but slightly lower in Rajasthan (12.35 lh Vs 12.56 lh) and Madhya Pradesh as per data released by respective state agriculture department. India has imported 3.07 lakh tonnes (lt) of Chana until September in the current financial year.

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