 "Chana extend losses, down by 0.7% on subdued demand")
Chana prices fell by 0.78% to Rs 2,806 per quintal in futures trade today as speculators trimmed their positions, driven by subdued demand in the spot market against adequate supplies.
At the National Commodity and Derivatives Exchange, chana for delivery in August fell further by Rs 22, or 0.78% to Rs 2,806 per quintal with an open interest of 1,79,230 lots.
Similarly, chana for delivery in September traded lower by Rs 22, or 0.76% to Rs 2,864 per quintal in 77,420 lots.
Chana prices at futures trade remained under pressure due to subdued demand at spot markets against adequate supplies from producing regions, market analysts said.
At the National Commodity and Derivatives Exchange, chana for delivery in August fell further by Rs 22, or 0.78% to Rs 2,806 per quintal with an open interest of 1,79,230 lots.
Similarly, chana for delivery in September traded lower by Rs 22, or 0.76% to Rs 2,864 per quintal in 77,420 lots.
Chana prices at futures trade remained under pressure due to subdued demand at spot markets against adequate supplies from producing regions, market analysts said.
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