 "Chana falls 0.7% on increased supply")
Chana prices fell by 0.71% to Rs 2,800 per quintal in futures trading today amid increased supplies at spot market against subdued demand.
At the National Commodity and Derivatives Exchange, December chana fell by Rs 20, or 0.71%, to Rs 2,800 per quintal with an open interest of 17,960 lots.
The commodity for delivery in January also traded marginally lower by Rs 2, or 0.07%, to Rs 3,022 per quintal in 91,190 lots.
Analysts attributed the fall in chana futures prices to increased supplies from producing regions against subdued demand in the spot market.
At the National Commodity and Derivatives Exchange, December chana fell by Rs 20, or 0.71%, to Rs 2,800 per quintal with an open interest of 17,960 lots.
The commodity for delivery in January also traded marginally lower by Rs 2, or 0.07%, to Rs 3,022 per quintal in 91,190 lots.
Analysts attributed the fall in chana futures prices to increased supplies from producing regions against subdued demand in the spot market.