Weekly Commodity Update by KediaCommodity

Chana on weekly basis we have seen that prices has dropped by 10.08% due to sluggish domestic demand, higher area under summer-sown pulses and favourable weather.

· Ample rains in the country have raised the prospects of better chana sowing.

· Chana is a Rabi crop sown during the winter and farmers depend on rains to moisten the land for sowing.

· India's 2012/13 pulses production is estimates at 18.45 million tonnes.

· Healthy arrivals in Delhi market are also affecting sentiments and spot prices continue to linger around their two-year lows.

· The arrivals in Delhi's Lawrence Road mandi are 55 trucks after coming in at 65 trucks in the last session.

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MustardseedMustard yesterday settled down -4% at 3099 as a strong rupee and a jump in oilseed

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