On October 16, the Cabinet announced a 2-7 percent hike in MSP of rabi produce for the season
Under the scheme, states can lift 15 lakh tonnes of chana at the discount of Rs 8 per kg over issue price of the sourcing state on first come first serve basis
With some corrections noted last week, a recovery in prices is not ruled out as the markets closed on a positive note during the end of the week.
According to Angel Commodities, NCDEX Chana edged little higher on Wednesday and trading in a range after it jumps to 3-week high on Monday.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
As per reports, Government has procured around 16.88 lakh tonnes including 3.79 lakh tonnes of imports towards building the buffer stock of pulses of upto 20 l ...
According to sources, the Agriculture Ministry has moved a proposal to impose import duty on chana as it fears that the prices of this rabi crop could fall sharply to the disadvantage of farmers.
Tur (pigeon peas) and urad (black gram) were banned in 2007, while chana (gram) was suspended last year after prices soared, leading to a rise in inflation.
Fresh arrivals of Chana crop has started hitting the local mandies across the country but despite rise in arrival of new crop, Chana prices are ruling firm in ...
Expectation of bumper crop in the current ongoing Rabi season has forced Chana prices to slip sharply from its record highs of Rs. 12,500 per quintals in the m ...
Chana prices have slashed more than 50 to 60% in major key spot markets of the country and as per the trade sources, prices are expected to fall further on bum ...
Expectation of bumper crop in the current ongoing Rabi season has forced Chana prices to slip sharply from its record highs of Rs. 12,500 per quintals in the m ...
Prices of major pulses like Chana, Tur, Lentils, Urad and Moong are under pressure on increasing supply from new crop. Arrivals are increasing and would contin ...
This year around 32.52 lakh hectares has been sown with Chana in Madhya Pradesh, 17.514 lakh hectares in Rajasthan ,18.40 lakh hectares in Maharashtra and 10.8 ...
There were rains with hailstorm in many parts of Madhya Pradesh such as Gwalior, Morena and Shivpuri and this has damage the standing crop of Chana in Madhya P ...
As per latest reports, this year, area under Rabi pulses has been increased by more than 11% than the corresponding period of last year. Chana sowing has been ...
In an ongoing Rabi season, Gram sowing is up 11.8% at 76.69 lakh hectares as compared to 68.57 lakh hectares sown at the same time last year. Normal in season ...
As per data, Chana acreage in ongoing Rabi season was at 6.63 million ha, up 2.7% on year. Sowing has been affected over the last couple of weeks following the ...
In ongoing Rabi season, Chana sowing is up by 2.7% to 66.33 lakh hectares on higher prices. Higher MSP (minimum support price) of Rs. 4000 per quintals includi ...
The production of Chana is estimated to decrease by 2.2 per cent or 16 lakh tonnes (lt) to 71.7 lt 2015-16. The production of chana revised down from 74.8 lt f ...
On the back of two continuous dry years, pulses production in FY16 was the lowest in six years. Prices went up. But a good monsoon is going to change all that. But the question is whether by September, will pulses will be cheaper?
The pulses issue was discussed in detail in the meeting of Management Committee of Price Stabilisation Fund, chaired by Consumer Affairs Secretary Hem Pande here.
Short term knee-jerk measures like cracking down on pulses traders haven't been able to improve supply situation. Long-term measures are being discussed but yet to be implemented.
According to Achiievers Equities, Chana prices dropped on profit booking amid go vernment initiatives to check rising prices and availability of pulses.
With the government initiating multi-pronged efforts to check the prices of pulses, which have shot up to as high as Rs 200 per kg, capital markets regulator Sebi has decided to stop launch of new contracts in chana futures and any fresh position in existing contracts to check any speculative rally.