Chana

Estimates 4% increase in wheat output, around 1% for chana, and 7% for mustard

The MSP of mustard for 2023-24 is Rs 5,450 per quintal

The area covered under chana (gram), which is the biggest pulses grown in the rabi season, was around 11.2 mn hectares, which was 1.8% less than last year but 13.36% more than the normal area

Highest week-on-week numbers since 2017-18; hopes of strong harvest

The rains should aid planting of the rabi crop and also its early growth, mainly in crops such as wheat, mustard and chana

Suspension of their futures does not bring down price volatility either, finds study conducted on behalf of NCDEX Investor Protection Fund

They say lifting of ban is in the interest not only of farmers and consumers, but also processors and downstream industry

Procurement limit for tur, urad and masur raised

The price is expected to trade higher at Rs 1,500 per quintal over the next couple of weeks

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Some traders are demanding a reduction to 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February

Festive demand will keep buyers active, while limited availability will support prices

Cotton seed oil cake at Akola is trading at Rs 2,031 per quintal, while chana price has rallied too steeply on the back of supply constraints

According to most market participants, with the ideal time for sowing chana nearing its end, final output could get impacted unless there is a big jump in acreage in the next few weeks

Prices of Guar seed are expected to trade higher towards Rs 4,500 per quintal over the next couple of weeks

Increasing pressure due to new crop arrival of soy beans and disparity in meal exports would keep meal prices under pressure

Chana price in Delhi is expected to move higher towards Rs 4,500- 4,550 from the current price of Rs 4450

Move could force players with long positions to square off as fast as possible

The share in volume of the commodity on the NCDEX has plummeted from 22% a year ago to just about 5.5%

Among pulses only chana was traded on futures