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Markets » Commodities » Food & Edible Oils

Press Trust of India | New Delhi June 12, 2012 Last Updated at 13:51 IST

Chana falls 1.21% on profit-booking

Sluggish demand in the spot market also dragged prices

Related News

Chana prices declined by Rs 50 to Rs 4,072 per quintal in futures trade today as speculators booked profits, driven by sluggish demand in the spot market.

At the National Commodity and Derivatives Exchange, chana for delivery in July declined by Rs 50, or 1.21%, to Rs 4,072 per quintal with an open interest of 1,04,610 lots.

The June contract shed Rs 48, or 1.18%, to Rs 4,030 per quintal in 14,490 lots.

Market analysts said besides profit-booking by speculators, sluggish demand in the spot market mainly led chana prices to trade lower at futures market.

Cardamom rises 1.23% on spot demand

Cardamom prices rose by Rs 15.20 to Rs 1,250 per kg in futures trade today as speculators enlarged their positions, supported by pick up in spot ...

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