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Chana prices eased by 0.26% to Rs 3,115 per quintal in futures trade today as participants trimmed positions triggered by higher supplies from producing regions against weak demand.
At the National Commodity and Derivative Exchange, chana for delivery in February declined by Rs 8, or 0.26%, to Rs 3,115 per quintal with an open interest of 62,480 lots.
Similarly, the commodity for delivery in January shed Rs 5, or 0.16%, to Rs 3,057 per quintal in 60,220 lots.
Analysts said the fall in chana prices at futures trade was mostly due to trimming of positions by speculators triggered by higher supplies from producing regions against weak demand in the spot market.
