NEW DELHI, June 17: Chana prices rose by 1.18 per cent to Rs 4,557 per quintal in futures trade today as traders enlarged their holdings on account of good demand at the spot market.
Besides, restricted arrivals of the commodity in the physical market due to lower estimated output also increased the chana prices.
At the National Commodity and Derivatives Exchange, chana for July delivery rose by Rs 53, or 1.18 per cent, to Rs 4,557 per quintal, with an open interest for 1,40,800 lots.
Similarly, chana for delivery in June was trading higher by Rs 36, or 0.80 per cent, to Rs 4,515 per quintal, with an open interest of 1,420 lots.
Traders attributed the rise in chana prices at futures trade to rising demand at the spot market amid fall in supplies from the producing regions. (PTI)
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