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Raahi Shah
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Chana prices witnessed mixed trend and settled 0.96% and 0.75% higher w-w. Lower area covered under Chana till date is controlling prices from falling sharply. Chana sowing across India as on January 13th 2012 is 5.23% down at 8.722 million hectares as compared to 9.22 million hectares in the same period previous year. Refined soy oil declined further in the spot markets on bearish tone in futures and beneficial rains forecast in Argentina and Brazil.
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