Chana prices moved down by 1.17 per cent to Rs 3,635 per quintal in futures trade today as participants booked profits amid easing demand in the spot market against adequate stocks position.
At the National Commodity and Derivatives Exchange, chana for delivery in April fell by Rs 43, or 1.17 per cent to Rs 3,635 per quintal with an open interest of 87,110 lots.
Likewise, the commodity for delivery in May drifted down by Rs 39, or 1.05 per cent to Rs 3,660 per quintal in 26,380 lots.
Analysts said besides profit-booking by traders, fall in demand in the physical markets against sufficient stocks position on increased supplies from growing regions, mainly led to decline in chana prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
