Chana futures prices fell by Rs 23, or 1.01 per cent, to Rs 2,245 per 100 kg in futures trading today, as speculators reduced their positions, driven by subdued demand in the spot market.
The key pulses growing states of Madhya Pradesh, Maharashtra and Rajasthan, received good rains and raised hopes of better crop this season.
At the Multi Commodity Exchange platform, chana for August contract fell by Rs 23, or 1.01 per cent, to Rs 2,245 per 100 kg, with a trading volume of three lots.
The commodity for delivery in September contract declined by Rs 10, or 0.43 per cent, to Rs 2,300 per 100 kg, with a business volume of four lots.
Marketmen said subdued demand against adequate supplies in the physical market mainly led to a fall in chana prices at futures market.
