Agro Outlook
D A I L Y B U Z Z
CHANA
Chana prices moved up by 0.33 per cent to Rs 3,064 per quintal in futures market on Monday as speculators enlarged positions, driven by pick up in demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in June moved up by Rs 10, or 0.33 per cent to Rs 3,064 per quintal with an open interest of 1,43,320 lots. Similarly, the commodity for delivery in May gained Rs 8, or 0.27 per cent to Rs 2996 per quintal in 24,130 lots.
CRUDE PALM OIL
Crude palm oil remained weak for the second day and prices fell further by 0.35 per cent to Rs 543.60 per 10 kg in futures trading on Monday as participants trimmed positions amid sluggish demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in June fell further by Rs 1.90, or 0.35 per cent to Rs 543.60 per 10 kg in business turnover of 8 lots.
Similarly, the oil for delivery in May traded lower by Rs 1.50, or 0.27 per cent to Rs 548 per 10 kg in 29 lots.
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