Chana prices declined by 0.61 per cent to Rs 2,954 per quintal in futures trade today as speculators reduced positions amid low demand in the spot market against higher supplies from producing belts.
At the National Commodity and Derivative Exchange, chana for delivery in December moved down by Rs 18, or 0.61 per cent to Rs 2,954 per quintal with an open interest of 36,100 lots.
In a similar fashion, the commodity for delivery in November traded lower by Rs 17, or 0.58 per cent to Rs 2,908 per quintal in 1,03,800 lots.
Market analysts attributed the fall in chana futures to low demand in markets against higher supplies from producing regions.
