Chana prices moved down by 1.40 per cent to Rs 6,855 per quintal in futures market today as participants trimmed their positions, triggered by adequate stocks at spot market on improved supplies after the government's measures to check rising prices.
At the National Commodity and Derivatives Exchange, chana for delivery in June fell by Rs 97, or 1.40 per cent to Rs 6,855 per quintal with an open interest of 230 lots.
Likewise, the commodity for delivery in July traded lower by Rs 38, or 0.55 per cent to Rs 6,907 per quintal in 12,460 lots.
Analysts attributed the fall in chana futures to sufficient stock positions in the physical market on increased supplies from producing regions after the government took measures to check rising prices.
