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Supported by rising demand in spot markets, chana prices rose sharply by Rs 42, or 1.41% to, Rs 3,026 per quintal in futures trade today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, chana for delivery in December shot up by Rs 42, or 1.41% to Rs 3,026 per quintal with an open interest of 64,650 lots.
Similarly, the commodity for delivery in January next year moved up by Rs 39, or 1.28% to Rs 3,082 per quintal in 79,050 lots.
Analysts said speculators enlarged positions on the back of rising demand in spot markets.
Chana prices rose in spot markets on limited arrivals from producing belts.
