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Weakness Seen In Chana And Oilseeds

Fresh selling was seen in chana and oilseeds due to fragile demand by millers at current levels coupled with weakness in other financial markets.The market sources added that weakness in other pulses has eroded gains of chana market , while oilseeds prices were hammered by weak meal export demand. On the other side, selling also emerged in guraseed counter as traders have reported some profit taking. The sources have estimated 1.10-1.25 lakh bags of daily arrivals of guraseed. The daily arrivals are likely to remain strong in the coming days. The NCDEX September futures declined by 1.73% today