Chana futures prices shed 0.92% on higher output hopes
Besides, subdued demand in the spot market also influenced chana prices at futures market.
At the National Commodity and Derivatives Exchange, chana for delivery in December fell by Rs 39, or 0.92 per cent, to Rs 4,198 per quintal with an open interest of 62,400 lots.
Similarly, the commodity for delivery in the January contract traded lower by Rs 26, or 0.63 per cent, to Rs 4101 per quintal in 78,770 lots.
Market analysts said besides hopes of higher output due to favourable weather conditions, subdued demand in the spot market mainly kept pressure on chana prices.
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