 "Chana prices fall by 0.4% on muted demand")
Chana prices were down by 0.36% to Rs 4,401 per quintal in futures trade today as participants lightened their positions, driven by easing demand against adequate stocks position.
At the National Commodity and Derivatives Exchange, chana for delivery in far-month May fell by Rs 16, or 0.36% to Rs 4,401 per quintal with an open interest of 18,130 lots.
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On similar lines, the commodity for delivery in April moved down by Rs 14, or 0.32% to Rs 4,331 per quintal in 32,250 lots.
Market analysts attributed the fall in chana prices at futures trade to subdued demand in the spot market against sufficient stocks on higher supplies from producing regions.
