Chana futures decline 0.63 pc on increased supplies

Chana prices fell by 0.63 per cent to Rs 3,164 per quintal in futures trade today after speculators trimmed positions amid increased supplies from producing regions in spot market.
At the National Commodity and Derivative Exchange, chana for delivery in November were down by Rs 20, or 0.63 per cent to Rs 3,164 per quintal with an open interest of 91,220 lots.
Similarly, the commodity for delivery in December shed Rs 3, or 0.10 per cent to Rs 3,134 per quintal in 57,870 lots.
Market analysts attributed the fall in chana futures to increased supplies from producing regions in physical market.