News

  • Rising demand lifts chana futures by 1.50 pc.

    Rising demand lifts chana futures by 1.50 pc. Chana prices rose 1.50 per cent to Rs 3,585 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills at the spot market. Besides, tight stocks positions following drop in arrivals from producing regions fuelled the

  • Government tightens norms for import of pulses

    Government tightens norms for import of pulses NEW DELHI: The government has tightened norms for the import of pulses to ensure that its domestic prices don’t fall below the minimum support price. The prices of most pulses have been below the minimum support price levels, leading to farmer unrest in

  • Commerce ministry invites bids for pulses imports

    Commerce ministry invites bids for pulses imports The commerce ministry today invited applications from millers and refiners of pulses for import of certain amount of pigeon pea, urad and moong dal for the current fiscal. "Application process for import of 2 lakh tonnes of pigeon peas/toor dal and 1.5 lakh tonnes for urad and 1.5 lakh tonnes for

  • Masur gains on stronger cues

    Masur gains on stronger cues Masur prices at Indore mandis ruled firm amid declining arrival with masur (bold) being quoted at ₹3,450 a quintal, while masur (Madhya Pradesh) ruled at ₹3,200. Besides weak arrival, declining stock of imported masur also added to the uptrend. Masur dal ruled stable with masur dal (medium)

  • Chana futures up by 0.96% on rising demand

    Chana futures up by 0.96% on rising demand Chana prices rose 0.96 per cent to Rs 3,568 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills in the spot market. Besides, tight stocks positions following drop in arrivals from producing regions,too, fuelled the uptrend.

  • Bumper crop reports drag chana

    Downtrend in chana and other pulse seeds continued on weak demand and bumper crop reports with chana (kanta) in Indore mandis being quoted at ₹3,475-3,500 a quintal, while chana (desi) ruled at ₹3,400. However, compared to last week chana is ruling at ₹100 a quintal higher. Chana dal (average) was at ₹4,500-4,600, chana dal

  • Rising demand lifts chana futures 1.69%

    Chana prices rose 1.69 per cent to Rs 3,539 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills in the spot market. Besides, tight stock positions following drop in arrivals from producing regions fuelled the uptrend. At the National Commodity and Derivatives Exchange,

  • Pulses rule steady in tight movements

    Steady conditions prevailed at the wholesale pulses market today with prices moving in a narrow range in the absence of worthwhile activity. Traders said absence of worthwhile activity against ample stocks position on increased arrivals from producing regions, mainly kept pulses prices flat. Following are today's pulses' rates (in Rs

  • India’s curbs on import of pulses: US, Australia, EU raise concerns at WTO

    Members of the World Trade Organization (WTO) including the US, Canada, Australia, European Union and Japan have raised concern over India’s quantitative restrictions on import of pulses. India capped imports of green gram (moong) and black matpe (urad) at 300,000 tonnes and that of pigeon peas (arhar) at 200,000 tonnes

  • Pulses’ prices end flat in thin trade

    There was not much activity at the wholesale pulses market today as prices moved in a narrow range on alternate bouts of buying and selling and settled at the previous levels. Traders said adequate stocks availability in the market against sporadic demand mainly kept prices unaltered. Following are today’s pulses’