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Chana prices declined by Rs 13 to Rs 2,976 per 100 kg in futures trade today as speculators preferred to book profits at higher levels, triggered by subdued demand in the spot market.
Higher arrivals from producing belts also put pressure on the prices.
At the Multi Commodity Exchange, chana for September delivery declined by Rs 13 or 0.43 per cent to Rs 2,976 per 100 kg, with an open interest of 35,850 lots.
The commodity for August delivery declined by Rs 11 or 0.38 per cent to Rs 2,911 per quintal in 2,63,400 lots.
Likewise, for delivery in July, prices eased by Rs 9 or 0.32 per cent to Rs 2,834 per quintal in 1,20,230 lots.
Traders said subdued demand against adequate supplies in the physical market mainly led to the fall in chana prices at the futures market.
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