Chana futures up 0.44% as demand rises

NEW DELHI, Aug 26: Supported by pick-up in demand in the spot markets, chana prices edged higher 0.44 per cent to Rs 2,958 per quintal in futures trade today as speculators created fresh positions.
At the National Commodity and Derivatives Exchange, chana for delivery in October rose Rs 13, or 0.44 per cent to Rs 2,958 per quintal with an open interest of 71,550 lots.
Likewise, the commodity for delivery in September gained Rs 8, or 0.28 per cent to Rs 2,871 per quintal in 1,35,670 lots.
Analysts said fresh positions built-up by speculators on the back of a rise in demand in the spot market mainly helped chana prices to trade higher at futures trade. (PTI)
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