Chana prices went up by 1.76 per cent to Rs 3,941 per quintal in futures market Wednesday as traders increased their holdings on account of rising demand in the spot market.
Besides, restricted arrivals of the commodity in the physical market influenced prices.
At the National Commodity and Derivatives Exchange, chana for delivery this month was trading higher by Rs 68, or 1.76 per cent, at Rs 3,941 per quintal with an open interest of 10,530 lots.
Likewise, the commodity for delivery in October gained Rs 50, or 1.24 per cent, to Rs 4,053 per quintal in 59,760 lots.
Traders said speculators increasing holdings, tracking a rising demand from millers against tight supplies from growing belts at the spot markets, led to the rise in chana prices in futures trade here.
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