 "Chana up 0.6% on strong spot demand")
Amid strong domestic demand, chana prices rose 0.63% to Rs 3,013 per quintal in futures trade today as speculators enlarged position.
At the National Commodity and Derivative Exchange, chana for delivery in April rose by Rs 19, or 0.63% to Rs 3,013 per quintal with an open interest of 84,260 lots.
In a similar fashion, the commodity for delivery in May traded higher by similar margin to Rs 3,057 per quintal in 28,230 lots.
Analysts attributed the firmness in chana futures to rising demand at spot market from dal millers against limited arrivals from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in April rose by Rs 19, or 0.63% to Rs 3,013 per quintal with an open interest of 84,260 lots.
In a similar fashion, the commodity for delivery in May traded higher by similar margin to Rs 3,057 per quintal in 28,230 lots.
Analysts attributed the firmness in chana futures to rising demand at spot market from dal millers against limited arrivals from producing regions.
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