Chana prices declined by 0.01 pct to Rs 4,202 per quintal in future on Friday

Chana prices declined by 0.01 per cent to Rs 4,202 per quintal in futures market Friday as speculators booked profits at prevailing levels, triggered by ample stocks position at the spot markets against low demand.

At the National Commodity and Derivatives Exchange, chana for delivery in November fell by Rs 4, or 0.04 per cent to Rs 4,202 per quintal with an open interest of 44,520 lots.

Likewise, the commodity for delivery in the current month shed Re 1, or 0.01 per cent to Rs 4,200 per quintal in 22,380 lots.

Marketmen said besides profit booking by traders at existing levels, fall in demand in the physical market against adequate stocks position on increased arrivals from producing belts, mainly attributed fall in chana prices at futures trade.