Chana down 1.3% on sluggish demand

Commodity for November delivery fell by 1.27%

Press Trust of India New Delhi
Last Updated : Sep 22 2014 | 2:09 PM IST
Chana prices were down by 1.31% to Rs 2,794 per quintal in futures trade today on account of sluggish demand in the spot markets amidst hopes of higher output.

However, scattered demand ahead of festivals, capped the losses to some extent, traders said.

At the National Commodity and Derivative Exchange, chana for October declined by Rs 37, or 1.31%, to Rs 2,794 per quintal with an open interest for 1,19,870 lots.

Similarly, chana for November delivery fell by Rs 37, or 1.27% to Rs 2,881 per quintal with an open interest of 79,610 lots.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 22 2014 | 12:48 PM IST

Next Story