Chana prices declined by Rs 8 to Rs 2,617 per quintal in futures trade today, as speculators preferred to book profits amid sluggish demand at the spot market.
At the National Commodity Derivatives Exchange, chana for delivery in March declined by Rs 8, or 0.30 per cent, to Rs 2,617 per quintal, with an open interest of 86,080 lots.
Similarly, the commodity for delivery in February lost Rs 7, or 0.28 per cent, to Rs 2,535 per quintal, with a business volume of 35,170 lots.
Analysts said profit booking by speculators and subdued demand in the spot market mainly led to the decline in chana futures prices.
