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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 | 4:14 AM IST

Chana prices declined by Rs 18, or 0.80 per cent, to Rs 2,238 per quintal in futures trade today, as traders preferred to book profits, triggered by a subdued demand in the spot market.

On the Multi Commodity Exchange counter, chana for September contract declined by Rs 18, or 0.80 per cent, to Rs 2,233 per quintal, with a business turnover of 37 lots, while August contract fell by Rs 17, or 0.77 per cent, to Rs 2,193 per quintal, with a business turnover of 18 lots.

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

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First Published: Aug 13 2010 | 3:54 PM IST

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