Chana prices fell by Rs 8, or 0.37 per cent, to Rs 2,155 per quintal in the futures trade today on the back of weak trend in physical markets and fresh arrival of crops.
Adequate stocks from the producing belts of Rajasthan, Gujarat and Maharashtra also put pressure on the prices.
At the Multi Commodity Exchange counter, chana for September contract fell by Rs eight, or 0.37 per cent, to Rs 2,155 per quintal, with a trading volume of two lots. While October contract declined by Rs six, or 0.27 per cent, to Rs 2,192 per quintal, with a trading volume of two lots.
Traders said subdued demand in the spot market against adequate stock positions, mainly led to a fall in chana prices in futures trade.
They said better rains and sufficient presence of moisture in the soil, boosted the prospects of higher sowing of rabi crop, and kept the commodity under pressure in next few sessions.