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Chana turns weak on profit taking

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:38 AM IST

Chana prices declined by Rs 11, or 0.50 per cent, to Rs 2,188 per quintal in futures trade today, as traders preferred to book profits, triggered by subdued demand in the spot market.

On the Multi Commodity Exchange, chana for July contract declined by Rs 11, or 0.50 per cent, to Rs 2,188 per quintal, with a business turnover of 10 lots, while August contract fell by Rs eight or 0.40 per cent to Rs 2,241 per quintal, with an open interest of five lots.

Marketmen said subdued demand against adequate supplies in the physical market mainly led to a fall in chana prices at futures market here.

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First Published: Jul 02 2010 | 5:20 PM IST

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