Chana prices slipped 1.20 per cent to Rs 3,762 per quintal in futures trade today as participants reduced exposure following subdued demand in spot market.
Profit-booking at existing higher levels also weighed on the sentiment.
In futures trading at the National Commodity and Derivatives Exchange, chana for delivery in March declined by Rs 46, or 1.20 per cent, to Rs 3,762 per quintal, with an open interest of 51,590 lots.
The commodity for delivery in January fell Rs 45, or 1.12 per cent, to Rs 3,967 per quintal, with open interest of 46,660 lots.
Analysts attributed the fall in chana futures to offloading of positions by traders, taking negative leads from physical markets due to tepid demand against sufficient stocks position.
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