Chana up 1.2% on strong demand

The commodity for delivery in October gained 1%

Press Trust of India New Delhi
Last Updated : Oct 03 2013 | 2:02 PM IST
Chana prices climbed by 1.24% to Rs 3,018 per quintal in futures trading today as speculators enlarged their positions, supported by strong demand in the spot market.

At the National Commodity Derivatives Exchange, chana for delivery in November climbed by Rs 367, or 1.24% to Rs 3018 per quintal with an open interest of 69690 lots.

In a similar fashion, the commodity for delivery in October gained Rs 29, or 1%, to Rs 2922 per quintal in 103360 lots.

Market analysts said speculators enlarged their positions, supported by strong demand in the spot market, that mainly pushed up chana prices at futures trade.
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First Published: Oct 03 2013 | 2:00 PM IST

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