Chana prices slipped 2.93 per cent to Rs 3,776 per quintal in futures trade today as participants reduced exposure following subdued demand in the spot market.
Profit-booking at existing higher levels also weighed on the sentiment.
At the National Commodity and Derivatives Exchange, chana for delivery in March contracts declined by Rs 114, or 2.93 per cent, to Rs 3,776 per quintal, with an open interest of 66,660 lots.
The commodity for delivery in far-month April fell Rs 111, or 2.85 per cent, to trade at Rs 3,785 per quintal with an open interest of 58,070 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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