Chana futures down 0.94% on increased supply

NEW DELHI, May 19:  Chana prices eased by 0.94 per cent to Rs 3,041 per quintal in futures trading today on sluggish demand in the spot market against increased supplies from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 29, or 0.94 per cent, to Rs 3,041 per quintal with an open interest of 1,58,080 lots.
Similarly, the commodity for delivery in May traded lower by Rs 20, or 0.67 per cent, to Rs 2,977 per quintal in 1,040 lots.
Analysts attributed the fall in chana futures to increased supplies from producing regions against weak demand in the spot market. (PTI)