Chana remained weak for the second straight day and prices fell further by 1.13% to Rs 3,337 per quintal in futures trading on continued profit-bookings by speculators amid subdued spot demand.
At the National Commodity and Derivative Exchange, chana for delivery in April fell by Rs 38, or 1.13%, to Rs 3,337 per quintal with an open interest of 90,190 lots.
Likewise, the commodity for delivery in May traded lower by Rs 37, or 1.08%, to Rs 3,381 per quintal in 37,220 lots.
Market analysts said continued profit-booking by speculators at prevailing levels and subdued demand in the spot market weighed on chana prices at futures trade.
At the National Commodity and Derivative Exchange, chana for delivery in April fell by Rs 38, or 1.13%, to Rs 3,337 per quintal with an open interest of 90,190 lots.
Likewise, the commodity for delivery in May traded lower by Rs 37, or 1.08%, to Rs 3,381 per quintal in 37,220 lots.
Market analysts said continued profit-booking by speculators at prevailing levels and subdued demand in the spot market weighed on chana prices at futures trade.