 "Chana down 0.7% on increased arrivals")
Amidst increased arrivals from producing regions and subdued spot demand, chana prices fell by 0.74% to Rs 2,829 per quintal in futures trade today.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 21, or 0.74%, to Rs 2,829 per quintal, with an open interest 1,24,240 lots.
Similarly, the commodity for delivery in July traded lower by Rs 20, or 0.68%, to Rs 2,900 per quintal, in 98,190 lots.
Analysts attributed the fall in chana prices to increased arrivals from producing belts against sluggish demand in the spot market.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 21, or 0.74%, to Rs 2,829 per quintal, with an open interest 1,24,240 lots.
Similarly, the commodity for delivery in July traded lower by Rs 20, or 0.68%, to Rs 2,900 per quintal, in 98,190 lots.
Analysts attributed the fall in chana prices to increased arrivals from producing belts against sluggish demand in the spot market.