Chana Jun Futures Closed Mixed On Wednesday

Chana Jun futures closed mixed on Wednesday. Chana is trading at under pressure since start of sowing season last year on concern about higher stocks in the country. Maharashtra government discontinued procurement of the chana under the minimum support price scheme due to shortage of warehousing space and packaging bags. Government is trying to support prices by removing export restrictions and procuring at MSP. Government restricted import of yellow peas, an substitute added in the Chana flour, till June end. Earlier, govt has announced of a 7% duty credit incentive on exports

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