Chana prices declined by 0.55 per cent to Rs 4,670 per quintal in futures trade Wednesday after participants reduced their exposure amid subdued demand at spot market.
Profit-booking at higher levels also weighed on the sentiment.
At the National Commodity and Derivatives Exchange, chana for delivery in December was trading lower by Rs 27, or 0.55 per cent, at Rs 4,670 per quintal, with an open interest of 30,470 lots.
The January rates also fell by Rs 14, or 0.3 per cent, to Rs 4,680 per quintal with an open interest of 14,010 lots.
Marketmen said trimming of bets by traders due to easing demand in physical market against adequate stocks, mainly led to the fall in chana prices at futures trade here.
Disclaimer: No Business Standard Journalist was involved in creation of this content
