Chana Jul Futures Jumped Higher

Chana Jul futures jumped higher as government has extended the imports of dry peas for three more months. New notification says that pea import can't take place till 30 sep 2018. It is applicable for all peas. Chana is trading under pressure on higher availability of Chana in physical market as states ends procurement at MSP. Government has tried to keep the prices higher by removing export restrictions and procuring at MSP. According to govt officials, MP has completed procurement of 1.8 mt of rabi-harvested chana and masur. Earlier, govt has announced of a 7% duty credit incentive on exports. Recently, Maharashtra govt discontinued procurement of the chana under the MSP scheme due to shortage of warehousing space and packaging bags.

For Quick Trial – 8962000225 ✔ 
or mail us here:
✆-0731-6626191  | Toll Free - 1800-3010-2007
 Give a Missed Call for Free Trial - 09699997717
NewerStories OlderStories Home