Spot Market Update: Chana Sees Some Bargain Buying

Chana gained after latest decline in prices. However, 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 15 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 3680 per quintal in Delhi. In Bikaner, the commodity is quoting at Rs 3530 per quintal, up 0.40% on the day.