Chana futures traded down on NCDEX on profit taking as prospects of monsoon onset over the southern coast brightened with improved rainfall activities in Kerala. However, the losses in chana prices were capped by improving demand in the spot market against restricted arrivals from the major producing belts.
The contract for June delivery was trading at Rs 2817.00, down by 0.39% or Rs 11.00 from its previous closing of Rs 2828.00. The open interest of the contract stood at 70640 lots.
The contract for July delivery was trading at Rs 2883.00, down by 0.31% or Rs 9.00 from its previous closing of Rs 2892.00. The open interest of the contract stood at 121320 lots on NCDEX.
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