Supported by pick up in demand at domestic spot market and restricted supplies from producing belts, chana prices went up by 0.71 per cent to Rs 4,955 per quintal in futures trade today.
At the National Commodity and Derivatives Exchange, chana for delivery in January 2016 moved up by Rs 35, or 0.71 per cent to Rs 4,955 per quintal with an open interest of 22,080 lots.
Similarly, the commodity for delivery in April next year traded higher by Rs 18, or 0.40 per cent, to Rs 4,504 per quintal in 16,420 lots.
Analysts attributed the rise in chana prices to pick up in demand in the spot market against restricted supplies from producing regions.
However, they said government measures to curb rising prices, including offloading hoarded of pulses stocks, capped the rise.
