COMMODITY OUTLOOK

Crop: Bengal Gram (Chana)

Crop season: Rabi

Sowing Period: September to November

Harvesting Period: March to April

Key Areas Of Cultivation:

Madhya Pradesh

Maharashtra

Gujarat

Uttar Pradesh

Karnataka

Rajasthan

Telangana

Production trend and Stock position:

According to Ministry of Agriculture, the sowing acreage of Bengal Gram as on January 31, 2020 was 107.21 lakh hectares (lh) up by 11.46 percent compared to 96.19 lh during the corresponding period.

Stock positions of Bengal Gram were down by 18.57 percent held at National Commodity Clearing Limited (NCCL) approved warehouses at Bikaner, Indore and Jaipur locations. The stocks held as on January 1, 2020 was 4,306 MT compared to 5,288 MT as on December 16, 2019.

Market commentary: Price outlook

Fig: Bengal Gram - Whole Varity price trend in Maharashtra

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