Chana On NCDEX Settled Down By -1.74% At 6945



Chana on NCDEX settled down by -1.74% at 6945 on profit booking after on government initiatives to check rising prices of pulses. Government projected 2015-16 chana output at 7.48 million ton up from 7.33 million to a year ago. However, traders fear the output to be lower due to weak 2015 monsoon and lack of winter rains. Arrivals have started drying up in the producing centres. Buying of chana by government agencies in the producing centres of Rajasthan at a time when arrivals are low added fuel to the fire.

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