Amidst increased arrivals from producing regions and subdued spot demand, chana prices fell by 0.74% to Rs 2,829 per quintal in futures trade today.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 21, or 0.74%, to Rs 2,829 per quintal, with an open interest 1,24,240 lots.
Similarly, the commodity for delivery in July traded lower by Rs 20, or 0.68%, to Rs 2,900 per quintal, in 98,190 lots.
Analysts attributed the fall in chana prices to increased arrivals from producing belts against sluggish demand in the spot market.