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Chana moves up in futures trade on firm demand Chana prices moved up by Rs 42 to Rs 4,572 per quintal in futures trade today as speculators enlarged their positions, tracking a firm trend at spot market on rising demand.Less availability of chana in the physical market following less arrivals from producing regions further fuelled the uptrend. At the National Commodity and Derivatives Exchange, Chana for
Trading tip:
delivery in November moved up by 0.93 per cent. Chana futures up on festive season demand The sharp increase in demand ahead of festival season has
been driving up the prices in the last one week. Stockists were taking advantage of lower prices to stock up for future demand. Prices had declined in September on improved rains and reports of expected higher output in Australia, the largest supplier of chickpeas to India. Good rains in August and September has raised the prospects of Chana which is a Rabi
crop.
EXPERT OPINION
STOCK CHANA RM SEED SOYABEAN JEERA S1 4421 4036 3191 14320 S2 4375 3974 3149 14190 R1 4577 4156 3268 14640 R2 4633 4234 3304 14780
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA PRODUCT CHILLI NAME Chana GUR Chilli JEERA Gur KAPAS Jeera PEPPER REFKapas SOYA Pepper SOY BEAN Ref Soya TURMERIC Oil Soy Bean WHEAT Turmeric Wheat New
7/19/2012 EXP DATE 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 7/19/2012 28-Feb-13 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 7/19/2012 20-Nov-12 20-Nov-12
4556
-28 CHANGE -102 -8 -5.5 -38 -252.5 -9 -8 -75 45 -10.5 -1.55 10 12 9.6 -124 22.5 36 74 21
-0.61 PERCENTAGE -1.99 CHANGE -0.18 -0.46 -0.76 -1.68 -0.76 -0.76 -0.52 0.11 -1.17 -0.2 0.02 0.28 1.5 -2.66 0.7 2.89 1.35 1.38
OPEN 5060 4560 1188 5000 14955 1177 1044 14525 42300 886 780.5 43800 4309 641 4600 3225 1251 5410 1530
4980 14800 1168 1041 14450 42435 889 781.3 43830 4315 649 4540 3233 1282 5554 1540
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ANALYSIS
OPEN: 3225 HIGH: 3262 LOW: 3185 CLOSE: 3233
ANALYSIS
OPEN: 4560 HIGH: 4604 LOW: 4519 CLOSE: 4522
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