 "Chana up 0.36% on tight supply")
Chana prices rose 0.36 per cent to Rs 2,770 per quintal in futures trading today as speculators enlarged positions on the back of surging demand in spot markets.
At the National Commodity and Derivatives Exchange, chana for delivery in June gained Rs 10, or 0.36 per cent, to Rs 2,770 per quintal with an open interest of 2,490 lots.
The July contract edged up by Rs 2, or 0.07 per cent, to Rs 2,854 per quintal in 1,73,940 lots.
Analysts said speculators enlarged positions on surging demand in the spot market against restricted arrivals from producing belts that led to an upward trend in chana prices at futures trade.
At the National Commodity and Derivatives Exchange, chana for delivery in June gained Rs 10, or 0.36 per cent, to Rs 2,770 per quintal with an open interest of 2,490 lots.
The July contract edged up by Rs 2, or 0.07 per cent, to Rs 2,854 per quintal in 1,73,940 lots.
Analysts said speculators enlarged positions on surging demand in the spot market against restricted arrivals from producing belts that led to an upward trend in chana prices at futures trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%