Chana remains weak on hopes of higher output

Higher output expectations kept pressure on it

The chana futures for April fell by Rs 19, or 0.53% to Rs 3,562 per quintal in 45,980 lots at the National Commodity and Derivatives Exchange today.

The January contract traded marginally lower by Re 1, or 0.03% to Rs 3,950 per quintal in 20,490 lots.

Analysts said speculators offloading their positions on hopess of a higher output kept pressure on chana futures.