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Chana futures remain flat sluggish demand

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Press Trust of India New Delhi

Chana prices remained flat at Rs 4,605 per quintal in futures trade Monday after participants reduced their positions amid fall in demand at spot markets against sufficient stocks position.

Marketmen said offloading of bets by traders due to fall in demand in the physical market against adequate stocks position on increased arrivals from producing belts, mainly pulled down chana prices at futures trade.

At the National Commodity and Derivatives Exchange, chana for delivery in February was trading higher by Rs 8, or 0.17 per cent at Rs 4,660 per quintal with an open interest of 9,470 lots.

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First Published: Dec 10 2018 | 12:15 PM IST

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