Chana prices recovered by Rs 4, or 0.18 per cent, to Rs 2,183 per quintal in futures trade today, as speculators enlarged their positions, supported by pick up in demand at spot markets.
Restricted arrivals in the physical market influenced the chana prices at futures market.
At the National Commodity and Derivatives Exchange counter, chana for September gained Rs 4, or 0.18 per cent, to Rs 2,183 per quintal, with an open interest of 1,28,350 lots.
The commodity for delivery in October also inched up by Rs 2, or 0.09 per cent, to Rs 2245 per quintal, with an open interest of 1,15,240 lots.
Market analysts said fresh positions created by speculators, supported by pick up in demand in the spot market against limited arrivals mainly led to a recovery in chana prices at futures trade.
