Chana prices declined by Rs 6, or 0.27 per cent, to Rs 2,230 per 100 kg in futures trade today, as speculators preferred to book profits at higher levels, triggered by subdued demand in the spot market.
At the Multi Commodity Exchange counter, chana for November contract declined by Rs 6, or 0.27 per cent, to Rs 2,230 per 100 kg, with a turnover of one lot, while September delivery eased by Rs two, or 0.09 per cent, to Rs 2,145 per 10 kg, with an open interest of seven lots.
Marketmen said subdued demand against adequate supplies in the physical market mainly led to a fall in chana prices at futures market.
They said profit selling at higher levels on anticipation of better output further influenced the market sentiment.
