NEW DELHI, July 2:Amid profit-booking by speculators at prevailing levels and fall in demand, chana prices drifted down by 0.67 per cent to Rs 4,324 per quintal in futures market today.
At the National Commodity and Derivative Exchange, chana for delivery in August declined Rs 29, or 0.67 per cent, to Rs 4,324 per quintal with an open interest of 1,64,850 lots.
Similarly, the commodity for delivery in July contracts traded lower by Rs 20, or 0.47 per cent, to Rs 4228 per quintal in 70,710 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot market against adequate stock position mainly kept pressure on chana prices. (PTI)
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