Chana prices moved down by 1.36 per cent to Rs 4,056 per quintal in futures trade today as investors booked profits at prevailing levels amid easing demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in August fell by Rs 56, or 1.36 per cent, to Rs 4,056 per quintal with an open interest of 59,090 lots.
Similarly, the commodity for delivery in September declined by Rs 51, or 1.23 per cent, to Rs 4,075 per quintal in 63,780 lots.
Analysts said besides profit-booking by participants at existing levels, a decline in demand in the physical market against sufficient stocks position attributed to the fall in chana futures.
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