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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 20 to Rs 2,150 per quintal in futures trade today as speculators preferred to book profits, triggered by subdued demand in the spot market.

On the Multi Commodity Exchange, chana for July month contract declined by Rs 20 or 0.92 per cent to Rs 2.150 per quintal in a business turnover of two lots, while August month contract fell by Rs 19 or 0.86 per cent to Rs 2,190 per quintal in two lots.

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

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First Published: Jul 12 2010 | 1:14 PM IST

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