Chana futures edge lower on NCDEX

Chana futures traded down on NCDEX due to estimation of higher output from the major producing belts. Further, poor quality arrivals amidst lack of demand from millers too influenced chana prices. The contract for June delivery was trading at Rs 2808.00, down by 1.47% or Rs 42.00 from its previous closing of Rs 2850.00. The open interest of the contract stood at 124920 lots. The contract for July delivery was trading at Rs 2881.00, down by 1.34% or Rs 39.00 from its previous closing of Rs 2920.00. The open interest of the contract stood at 102980 lots on NCDEX.