Chana futures rise 1.06 pc as demand picks up

NEW DELHI, Feb 10: Chana prices rose by 1.06 per cent to Rs 2,858 per quintal in futures trading today as speculators enlarged their positions, tracking a firm trend at spot market on pick up in demand.
At the National Commodity and Derivatives Exchange, chana for delivery in February rose by Rs 30, or 1.06 per cent to Rs 2,858 per quintal with an open interest of 37,230 lots.
Similarly, the commodity for delivery in April traded higher by Rs 14, or 0.47 per cent to Rs 3,004 per quintal in 81,950 lots.
Analysts attributed rise in chana prices at futuers trade to fresh positions created by speculators driven by rising demand at spot markets. (AGENCIES)