Chana On NCDEX Settled Up By 3.91% At 6796

Chana on NCDEX settled up by 3.91% at 6796 due to rising physical demand on anticipation of lower stock levels in the country. Besides, record imports this season making the prices higher in the domestic market. Furthermore, lower output from the major producing belts, also added support to chana prices' uptrend. To build a buffer stock in a bid to keep a check on prices and availability, government agencies have so far procured 51,000 tonnes of kharif and 60,000 tonnes of rabi pulses so far. Also, about 13,000 tonnes of imported pulses have arrived and delivery of about 6,000 tonnes is in the pipeline, an official release said.

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