Chana prices moved down by 1.86
per cent to Rs 4,202 per quintal in futures trade today as speculators booked profits at prevailing levels amid easing demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in August fell by Rs 80, or 1.86 per cent, to Rs 4,202 per quintal with an open interest of 65,120 lots.
Similarly, the commodity for delivery in far-month September declined by Rs 72, or 1.67 per cent, to Rs 4,215 per quintal in 45,700 lots.
Analysts said besides profit-booking by participants at existing level, decline in demand in the physical market against sufficient stocks position attributed the fall in chana futures.
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