Chana futures trade lower on fall in demand

Chana futures traded lower on NCDEX as speculators booked profits at prevailing levels amid fall in demand in the spot market. Moreover, weak arrivals of crop weighed on chana futures.

The contract for May delivery was trading at Rs 4313.00, down by 0.14% or Rs 6.00 from its previous closing of Rs 4319.00. The open interest of the contract stood at 45800 lots.

The contract for June delivery was trading at Rs 4365.00, down by 0.16% or Rs 7.00 from its previous closing of Rs 4372.00. The open interest of the contract stood at 112680 lots on NCDEX.

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