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Chana futures fall 0.19 per cent on muted demand

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Press Trust of India New Delhi
Last Updated : Feb 08 2019 | 1:40 PM IST

Chana prices declined 0.19 per cent to Rs 4,268 per quintal in futures trade Friday after participants reduced their exposure amid subdued demand at the spot market.

Profit-booking at higher levels also weighed on the sentiment.

At the National Commodity and Derivatives Exchange, chana for delivery in March was trading lower by Rs 8, or 0.19 per cent, at Rs 4,268 per quintal with an open interest of 41,780 lots.

The far-month June delivery rates also fell by Rs 9, or 0.21 per cent, to Rs 4,351 per quintal with an open interest of 2,920 lots.

Traders trimming bets on easing demand in physical market against adequate stocks, mainly led to the fall in chana prices at futures trade here, marketmen said.

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First Published: Feb 08 2019 | 1:40 PM IST

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