 "Chana down 0.4% on sluggish demand")
Chana prices fell by 0.48% to Rs 3,095 per quintal in futures trading today as speculators reducing their holdings on sluggish demand.
Adequate stocks in the physical market due to increased supplies from producing regions also put pressure on chana prices.
At the National Commodity and Derivative Exchange, chana for delivery in May fell by Rs 15, or 0.48%, to Rs 3,095 per quintal with an open interest of 87,240 lots.
Analysts attributed the continued fall in chana prices at futures trade to increased supplies from producing regions against sluggish demand in the spot market.
Adequate stocks in the physical market due to increased supplies from producing regions also put pressure on chana prices.
At the National Commodity and Derivative Exchange, chana for delivery in May fell by Rs 15, or 0.48%, to Rs 3,095 per quintal with an open interest of 87,240 lots.
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Similarly, the commodity for delivery in June traded lower by Rs 14, or 0.44%, to Rs 3,156 per quintal in 73,830 lots.
Analysts attributed the continued fall in chana prices at futures trade to increased supplies from producing regions against sluggish demand in the spot market.
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