Chana up 0.4% on pick-up in demand

Commodity for delivery in June traded higher by 0.37%

Press Trust of India New Delhi
Last Updated : Jun 11 2014 | 1:42 PM IST
Chana prices rose 0.46% to Rs 2,812 per quintal in futures trade today on rising demand in spot markets.

At the National Commodity and Derivatives Exchange, chana for delivery in July moved up by Rs 13, or 0.46%, to Rs 2,812 per quintal with an open interest of 1,58,990 lots.

Similarly, the commodity for delivery in June traded higher by Rs 10, or 0.37%, to Rs 2,730 per quintal in 22,470 lots.

Analysts said fresh positions created by speculators on the back of rise in demand in the spot market led to the rise in chana prices at futures trade.
*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

More From This Section

First Published: Jun 11 2014 | 1:20 PM IST

Next Story