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Chana prices fell 0.06% to Rs 3,205 per quintal in futures trade today as speculators reduced positions amidst a fall in demand in the spot market.
At the National Commodity and Derivative Exchange, chana for delivery in December declined by Rs 2, or 0.06%, to Rs 3,205 per quintal with an open interest of 67,440 lots.
Similarly, the commodity for delivery in November traded lower by Re 1, or 0.03%, to Rs 3,216 per quintal in 60,440 lots.
Market analysts said offloading of positions by speculators amid subdued demand at spot markets mainly put pressure on chana prices at futures trade here.
