Chana prices moved down by Rs 12, or 0.53 per cent, to Rs 2,239 per quintal in futures trading today, as speculators reduced their positions after a fall in spot market demand.
Adequate stocks positions followed by increased arrivals in the physical market also weighed on the chana prices.
At the Multi Commodity Exchange platform, chana for September-month declined by Rs 12, or 0.53 per cent, to Rs 2,239 per quintal, with an open interest of 1,051 lots.
However, the chana for October-month delivery held steady at Rs 2,289 per quintal, with a business volume of 214 lots.
Analysts said fall in demand in spot markets against adequate stocks position followed by increased arrivals from the producing regions mainly pulled down chana prices at futures market here.
