Chana prices declined by Rs 5 to Rs 2,399 per quintal in futures trading today owing to sluggish demand against adequate stocks position following increased arrivals from producing region.
At the National Commodity and Derivatives Exchange, chana for delivery in May declined by Rs 5, or 0.21% to Rs 2,399 per quintal, with an open interest of 45,130 lots.
Likewise, the commodity for delivery in June shed Rs 5, or 0.20% to Rs 2,487 per quintal, with a business turnover of 189,600 lots.
Traders attributed the decline in chana futures to rising arrivals in the physical market against subdued demand.
