Chana Demand and Supply

What is the demand for Chana (Chickpea) Commodity, and what Companies are dealing with Chana?

Chickpea, popularly known as Chana, is one of the most desiring pulses in the Subcontinent. The highly essential Rabi crop is sown during the time of October to November, but it harvests from February to March. India is one of the largest users of Chana, and the ruling producers are Madhya Pradesh, Karnataka, Rajasthan, Andhra Pradesh, and Uttar Pradesh.

The Demand of Chana Commodity

As of February 2019, the subnormal growth demand of Chana and a proportionate supply of it force the market to lower the trade level. According to the statistics, Chana (Kanta) price was at INR 4,200 to 4250 a quintal, while on the other hand, Desi Chana rate was INR 4,150 in the Indian markets. When it comes to Vishal Chana, per quintal price rate was 4,100 Indian rupees.

When we look at the Stats, we know that since the start of December 2018, the future of Chana has seen under pressure. As per the reports of the National Commodities and Derivative Exchange (NCDEX), the price level for Chana commodity fell about 6.7 percent till date.

The reason for low price rate of Chana commodity is because the output came in higher during the last two years by producing and importing a high amount of the product. As per the records, India imported over 31 lac tonnes of the commodity in the past three years. Moreover, the supply (100 tonnes) raised more than the consumption (70-75 tonnes), which results in the fall of the Chana demand.  

Companies that are dealing with Chana (Chickpea) Commodity

India is the biggest importer of Chana, and it imports Kala Chana, Split Chana, and other types of the product from many countries like Pakistan, Australia, Myanmar, United Arab Emirates, Kenya, etc. As e-commerce is popular more across the globe, you can buy any variety of Chana from one of the largest online store, indiamart.com. Moreover, you can also buy from another accredited e-commerce website, Amazon. If you don’t want to buy from the site, then go for the Indian domestic markets, and you will get high-quality Chana from there.

What are the famous Chana Dishes in India?

In India, there is a diversity in the dishes of Chana, and people love to make different types of it with the use of local masala (Spices). Whether you like Kala Chana, Chana Dal, Chana (Chickpea) Curry, White Chana, or others that can serve with either rice or Roti (tortilla), you can find the variety of the dishes in almost every traditional restaurant of the country.

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