Chana Market Gains Strength as Buyers Step Up, Government Stocks in Focus
The chana market has started the new week on a firm note, with limited arrivals and controlled selling by farmers and stockists keeping supply pressure under check. Delhi Raj Line new chana opened last week around 6,275�6,300 per quintal and closed near 6,375�6,400, recording a weekly gain of around 100 per quintal. From the June 2026 low, Delhi chana has now recovered by nearly 490 per quintal. Requirement-based buying from dal and besan mills has also helped keep prices supported. Chana prices across several major markets gained around 75�150 per quintal during the week. Delhi is currently holding around 6,375�6,400 per quintal, making this an important spot level for the trade. Meanwhile, offers for the new Australian crop for October-November delivery have moved close to US$700 per tonne, reflecting a stronger international market. With the quality of fresh domestic arrivals weakening, millers may increasingly turn toward government stocks and imported chana for better-quality supplies. The next major trigger for the market is likely to be the NCCF tender. Traders are closely watching the quantity offered and the prices at which stocks are cleared. If government sales remain limited and tender prices stay firm, the open market could continue to receive support. However, a large release at lower prices could temporarily slow the upward movement. NAFED sales will also remain important, while Australian chana prices and import costs will provide key signals for the domestic market. For now, the chana market outlook remains firm to positive. If farmer and stockist selling remains controlled, government stocks are released gradually and festive demand for dal and besan improves, the market could retain its upward momentum. The 6,800�7,000 per quintal zone could become the next important target for Delhi chana. Farmers may benefit from avoiding panic selling and monitoring local demand, while traders should closely track the current 6,400 level, NCCF-NAFED tender prices, import costs and mandi arrivals before taking fresh positions.