Chana prices slipped by 1.32 per cent to Rs 3,725 per quintal in futures market today as participants reduced exposure amid fall in demand at the spot market against adequate stocks position.
At the National Commodity and Derivatives Exchange, chana for delivery in far-month April fell by Rs 50, or 1.32 per cent to Rs 3,725 per quintal with an open interest of 90,420 lots.
Likewise, the commodity for delivery in March contracts was down by Rs 43, or 1.12 per cent, to Rs 3,784 per quintal in 7,840 lots.
Analysts attributed the fall in chana futures to cutting down of positions by traders due to decline in demand in the physical markets against sufficient stocks position.
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