Chana prices fell by Rs 26, or 0.71%, to Rs 3,633 per 100 kg in futures trade today as speculators preferred to book profits at higher levels, triggered by subdued spot market demand.
Also, increased supplies from Madhya Pradesh and Rajasthan put pressure on the chana futures prices.
At the Multi Commodity Exchange, October chana declined by Rs 26, or 0.71%, to Rs 3,633 per 100 kg, with an open interest of 3,32,420 lots.
The November contract fell by Rs 23, or 0.62%, to Rs 3,706 per quintal, with an open interest of 1,13,580 lots.
Likewise, the commodity for December delivery shed Rs 23, or 0.61%, to Rs 3,757 per quintal, with an open interest of 46,910 lots.
Marketmen said in addition to profit-booking, subdued demand in the physical market led to the fall in chana prices at futures market.
