Chana prices declined by Rs 14 to Rs 3,230 per quintal in futures trading today as traders preferred to book profits amid sluggish spot market demand.
At the National Commodity and Derivatives Exchange, chana for September delivery declined by Rs 14, or 0.43%, to Rs 3,230 per quintal, with an open interest of 227,220 lots.
August delivery fell by Rs 13, or 0.41%, to Rs 3,142 per quintal, with an open interest of 183,560 lots.
Traders said besides profit-booking by speculators, weak trend at the spot markets on sluggish demand mainly led to the fall in chana futures prices.