Friday, 4 March 2016

Today's Chana Ncdex News Update

Chana prices closed higher 2.65 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market.
It touched the intra-day high of Rs. 4,268. Moreover, the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices. 

India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.

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