Chana prices moved down by 1.40 per cent to Rs 4,072 per quintal in futures trade Wednesday as speculators reduced their exposure amid muted demand at spot market against adequate stocks position.
At the National Commodity and Derivatives Exchange, chana for delivery in November month contracts fell by Rs 58, or 1.40 per cent to Rs 4,072 per quintal with an open interest of 44,730 lots.
The commodity for delivery in December too fell by a similar margin to Rs 4,090 per quintal in 21,690 lots.
The fall in chana prices at futures trade was mostly attributed to trimming of positions by participants due to low demand at the spot markets, marketmen said.
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