EPIC RESEARCH NCDEX CHANA UPDATE OF 14 DECEMBER 2015

Chana trading range for the day is 4671-4873.
Chana prices ended with gains on lower estimated output from the major producing belts.
Cabinet Committee on Economic Affairs cleared a proposal to create 150,000 tons of buffer stock through domestic procurement at market rates.
50,000 tons would be purchased from farmers during the 2015-16 kharif season, while another 1 lakh tons would be purchased from rabi crop.
In Delhi spot market, chana dropped by -52.15 rupee to end at 5114.5 rupee per 100 kgs.


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