Chana prices drifted lower by 0.76 per cent to Rs 7,974 per quintal in futures trade today as speculators booked profits at prevailing higher levels amid government measures to check rising prices.
At the National Commodity and Derivatives Exchange, chana for delivery in July month fell by Rs 61 or 0.76 per cent to Rs 7,974 per quintal with an open interest of 3,510 lots.
The commodity for delivery in August contracts traded lower by Rs 45 or 0.56 per cent to Rs 8,000 per quintal in 2,710 lots.
Market analysts said besides profit-booking by participants at existing levels, easing demand at spot market along with government measures to curb rising prices mainly influenced chana prices at futures trade.
Meanwhile, the government yesterday decided to import 7,500 tonnes of chana and masoor dal in the coming days to boost domestic supply and curb prices.
