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Chana remained weak for the third day in a row and prices shed 0.37 per cent to Rs 2,964 per quintal in futures market today as speculators offloaded positions, triggered by increased supplies from producing regions.
Expectations of bumper production this year further fuelled the downtrend, traders said.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 11, or 0.37 per cent to Rs 2,964 per quintal with an open interest of 1,46,750 lots.
The July contract shed Rs 9, or 0.30 per cent to Rs 3,031 per quintal in 63,620 lots.
