Spot Market Update: Chana Slips, Futures Stay Weak

Chana prices slipped amid weak futures. No clear trend is emerging in the market amid thin arrivals and prices have been dropping recently. The ready market demand for other pulses is steady. The Chana arrivals in Delhi market were just 10-12 trucks today- extending the recent weak patch. Not much of an upside is expected in the commodity in near term as the overall pulses market is seen weak. Spot prices are ruling around Rs 3650 per quintal in Delhi. In Bikaner, the commodity is quoting at Rs 3540 per quintal, down 0.30% on the day.