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Chana prices were down by 0.45% to Rs 3,080 per quintal in futures trade today as speculators booked profits at existing higher levels coupled with subdued demand in the spot market.
At the National Commodity and Derivative Exchange, chana for delivery in December declined by Rs 14, or 0.45% to Rs 3,080 per quintal with an open interest of 58,740 lots.
Similarly, the commodity for delivery in January next year traded lower by Rs 9, or 0.29% to Rs 3,138 per quintal in 77,020 lots.
Market analysts said besides profit bookings by speculators at prevailing higher levels, easing demand in the spot market against adequate stocks position mainly led to the fall in chana prices at futures trade.
