One reason for sluggish demand and a breakthrough in Chana (ChickPeas) is the removal of futures trading contracts on NCDEX.
On the other hand, Millers are comfortable procuring and processing at current prices. Hence, the downtrend from these levels seems limited. Chana Tanzania origin Oct/Nov shipment trades still at USD 635 CFR Mumbai levels. According to the latest data, Chickpea imports on Sept 21 were 21,000 MT. Chana arrivals were 27,110 tonnes from October 1 to 11, compared to 42,000 tonnes in the same period a month before.
Kabuli Chick Peas Export offers:
Chick Peas (Kabuli Chana) | FOB India, PMT |
42-44 (12MM) | 1355 |
44-46 (11MM) | 1335 |
46-48 (10MM) | 1315 |
58-60 (9MM) | 1308 |
60-62 (8MM) | 1255 |
62-64 (7MM) | 1240 |
For more information, facts and figures, become a member. Click here.
The following reports may be of interest to you:
Is Importing Pulses From Brazil And Argentina A Sustainable Solution?
Pulses Market Dynamics: Demand Challenges Price Firmness in Dalian, China
Red Kidney Bean Prices Remain High in Dalian Amid Scarcity
Expect a Boost in Pigeon Pea Prices Driven by Global and Local Trends
Lentil Market Dynamics: Challenges and Opportunities in Tianjin