Chana prices were down by 0.18 per cent to Rs 6,520 per quintal in futures trade today as participants trimmed their positions, driven by subdued demand in the spot market against adequate stocks.
Moreover, profit-booking at existing higher levels also weighed on the sentiment.
At the National Commodity and Derivatives Exchange, chana for delivery in June declined by Rs 12 or 0.18 per cent to Rs 6,520 per quintal with an open interest of 1,250 lots.
Similarly, the commodity for delivery in July contracts shed Rs 8 or 0.12 per cent to Rs 6,532 per quintal in 13,470 lots.
Market analysts said offloading of positions by traders amid easing demand in the spot market against adequate stocks position on increased supplies from producing belts influenced chana prices at futures trade.
