 "Chana down 0.9% on increased supply")
Chana prices eased by 0.94% to Rs 3,041 per quintal in futures trading today on sluggish demand in the spot market against increased supplies from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 29, or 0.94%, to Rs 3,041 per quintal with an open interest of 1,58,080 lots.
Similarly, the commodity for delivery in May traded lower by Rs 20, or 0.67%, to Rs 2,977 per quintal in 1,040 lots.
Analysts attributed the fall in chana futures to increased supplies from producing regions against weak demand in the spot market.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 29, or 0.94%, to Rs 3,041 per quintal with an open interest of 1,58,080 lots.
Similarly, the commodity for delivery in May traded lower by Rs 20, or 0.67%, to Rs 2,977 per quintal in 1,040 lots.
Analysts attributed the fall in chana futures to increased supplies from producing regions against weak demand in the spot market.
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