 "Chana up 0.63% on tight supply")
Chana prices were up 0.63 per cent to Rs 5,121 per quintal in futures trade today as participants enlarged positions, triggered by tight stocks position at the spot market on restricted supplies from producing belts.
At the National Commodity and Derivatives Exchange, chana for delivery in December rose by Rs 32, or 0.63 per cent to Rs 5,121 per quintal with an open interest of 43,440 lots.
The January contract edged up by Rs 6, or 0.12 per cent to Rs 4,916 per quintal in 30,320 lots.
Analysts attributed the rise in chana prices to tight stocks position on restricted supplies from producing regions against upsurge in demand.
At the National Commodity and Derivatives Exchange, chana for delivery in December rose by Rs 32, or 0.63 per cent to Rs 5,121 per quintal with an open interest of 43,440 lots.
The January contract edged up by Rs 6, or 0.12 per cent to Rs 4,916 per quintal in 30,320 lots.
Analysts attributed the rise in chana prices to tight stocks position on restricted supplies from producing regions against upsurge in demand.