Chana prices moved down by 0.63 per cent to Rs 2,975 per quintal in futures market today as speculators trimmed positions amid subdued demand in the spot market against adequate stocks position.
At the National Commodity and Derivative Exchange, chana for delivery in May lost Rs 19, or 0.63 per cent to Rs 2,975 per quintal with an open interest of 58,000 lots.
Similarly, the commodity for delivery in June shed Rs 17, or 0.56 per cent to Rs 3,039 per quintal in 1,15,450 lots.
Market analysts attributed the fall in chana prices at futures trade to increased supplies from producing regions against sluggish demand in the spot market.
