Chana futures prices declined by Rs 15 to Rs 2,507 per 100 kg today as speculators booked profits at high levels, triggered by subdued demand in the spot market.
Higher arrivals from producing belts also put pressure on the prices.
At the Multi Commodity Exchange, chana for delivery in June declined by Rs 15, or 0.59%, to Rs 2,507 per 100 kg, with an open interest of 1,59,030 lots.
July chana declined by Rs 15, or 0.58%, to Rs 2,585 per quintal, with a trading volume of 1,47,680 lots, while the August contract eased by Rs 13, or 0.49%, to Rs 2,650 per quintal, with an open interest of 25,200 lots.
Traders said subdued demand against adequate supplies in the physical market mainly led to fall in chana futures prices.