Chana prices rose by 1.31 per cent to Rs 4,700 per quintal in futures trade Wednesday as traders built up huge positions, supported by strong demand from dal mills at the spot market.
At the National Commodity and Derivatives Exchange, chana for January, next year, was trading higher by Rs 61, or 1.31 per cent, to Rs 4,700 per quintal with an open interest of 14,850 lots.
The commodity for December, too, traded higher by Rs 54, or 1.16 per cent, to Rs 4,706 per quintal in 31,900 lots.
Marketmen said widening of positions by participants, triggered by surging demand from dal mills kept chana prices higher.
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