Chana futures fall for fourth day on sluggish demand

NEW DELHI: Chana prices fell for the fourth straight day by losing 0.23 per cent to Rs 3,019 per quintal in futures trade today on sluggish demand in the spot market against increased supplies from producing regions.

At the National Commodity and Derivatives Exchange, chana for delivery in January fell by Rs 7, or 0.23 per cent to Rs 3,019 per quintal with an open interest of 86,920 lots.

Analysts said sluggish demand in the spot market against on increased supplies from producing regions mainly kept pressure on chana prices at futures trade.