Thursday 17 July 2014

Capital stroke NCDEX Update : CHANA 18 July 2014


Chana trading range for the day is 2825-2909.
Chana gained as prices recovered on short covering after prices dropped due to ample supplies in the domestic market.
However, the losses were capped by firm spot market demand on lower level buying amid weak rainfall may hamper rabi sowing.

NCDEX accredited warehouses chana stocks dropped by 1236 tonnes to 122418 tonnes.

In Delhi spot market, chana dropped by -39.3 rupee to end at 2850 rupee per 100 kgs.

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