Chana
prices closed higher 1.36 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. At the NCDEX, chana futures for June 2016 contract closed
at Rs. 6,105 per quintal, up by 1.36 per cent, after opening at Rs.
5,992 against the previous closing price of Rs. 6,023. It touched the
intra-day high of Rs. 6,109. 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.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Friday, May 27, 2016
Subscribe to:
Post Comments
(
Atom
)
0 comments :
Post a Comment
Note: Only a member of this blog may post a comment.