NEW DELHI, May 21: Chana prices rose by 0.50 per cent to Rs 3,405 per quintal in futures trading today mostly supported by rising demand in the spot market.
However, reports of record output this season restricted the gains.
At the National Commodity and Derivatives Exchange, chana for delivery in June month rose by Rs 17, or 0.50 per cent to Rs 3,405 per quintal with an open interest of 1,43,600 lots.
Likewise, the commodity for delivery in July contract moved up by Rs 17, or 0.49 per cent to Rs 3,482 per quintal in 62,660 lots.
Market analysts said increased speculative position created by participants on the back of firm demand in the spot markets, mainly influenced chana futures here. (PTI)
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