Live Spot Prices
Pepper ( MCX ) 38500 | Aluminium ( MCX ) 147.95 | Menthol Oil ( MCX ) 1703 | Copper ( MCX ) 453.1 | Guargum ( NCDEX ) 9780 | Cotton Seed ( NCDEX ) 1789 | Soya Bean ( NCDEX ) 3246
Govt may release Chana stockpiles to regulate prices
Commodity Online | August 09 2018
UPDATED 17:31:29 IST

Indonesia Palm Oil production, exports rise in September: survey

Weak 2018 southwest monsoon impacts Cotton production

World Coffee market ends 2017-18 in surplus: ICO

USDA estimates Peanut output at 4.7 MMT in 2018/19

India's Cashew exports to US decline in FY18

Ahead of the festival season, the government is planning to release some stock of Chana in the market to ease its availability and keep a check on prices.

The governmentIt is also considering to introduce pulses under the public distribution system for nutritional need of the masses. A decision on this may soon be taken, say officials in the Food ministry.

Poor availability of chana since the past one month has kept prices firm at Rs 4,240 per quintal in the Delhi market. In wholesale, Chana dal was being quoted at Rs 4,800-5,000 a quintal.

National Agricultural Cooperative Marketing Federation of India (Nafed), the nodal agency for the government’s pulses procurement drive says that it is monitoring the price movement and will soon take a call to release the pulses the demand for which picks up during the festival season.

“We have 27 lakh tonne of chana in our godowns out of the 45 lakh tonne of pulses procured. We are watching the situation on prices and will soon take a call on when and how much to sell,” said an official from Nafed.


Commodity Arrivals Rate
Mustard Oil 0.5 9500.00
Coconut Oil 35 16550.00
Arecanut 17 23000.00
Sugar 403 3200.00