Chana down as demand wanes at higher prices.

Chana prices fell in Delhi as the recent rise in prices have hit demand. In Delhi, the benchmark market for chana, prices were at 4,500-4,550 rupees per 100 kg, down 20-30 rupees. Arrivals of chana in Delhi were unchanged at 225-300 tn. There is some selling pressure in the local market on talk that NAFED may sell chana. The chana August contract on the NCDEX was down because market participants booked profits after the contract rose to one-week high of 4,248 rupees per 100 kg.