 "Chana down 0.9% on higher supply, low demand")
Chana futures witnessed persistent fall in futures trade today as it fell 0.93% to Rs 2,766 per quintal as speculators offloaded positions amidst increased supplies from producing regions.
Besides, lower demand in the spot market put pressure on chana futures.
At the National Commodity and Derivative Exchange, chana for delivery in June fell further by Rs 26, or 0.93%, to Rs 2,766 per quintal with an open interest of 1,20,900 lots.
Similarly, the commodity for delivery in July declined by Rs 26, or 0.91%, to Rs 2,836 per quintal in 1,05,650 lots.
Besides, lower demand in the spot market put pressure on chana futures.
At the National Commodity and Derivative Exchange, chana for delivery in June fell further by Rs 26, or 0.93%, to Rs 2,766 per quintal with an open interest of 1,20,900 lots.
Similarly, the commodity for delivery in July declined by Rs 26, or 0.91%, to Rs 2,836 per quintal in 1,05,650 lots.