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Chana prices rose by 0.88% to Rs 2,852 per quintal in futures trade today as traders enlarged their holdings on account of good demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for December delivery rose by Rs 25, or 0.88%, to Rs 2,852 per quintal, with an open interest of 4,180 lots.
Similarly, chana for delivery in January increased by Rs 20, or 0.66%, to Rs 3,047 per quintal, with an open interest of 93,910 lots.
Traders said speculators increasing their holdings on hopes of a rise in spot market demand due to marriage season, mainly pushed up chana prices.
They said enquiries by millers at lower levels against fall in supply from the producing regions of Rajasthan and Madhya Pradesh further supported the uptrend.
