Chana prices rose by Rs 40 to Rs 3,390 per quintal in futures trade today as speculators enlarged their positions on expectations of a pick-up in demand in the spot market.
At the National Commodity and Derivatives Exchange, February chana rose by Rs 40, or 1.19%, to Rs 3,390 per quintal, with an open interest for 64,640 lots.
The January delivery moved up by Rs 12, or 0.35%, to Rs 3,455 per quintal in 123,290 lots.
Market analysts said increased buying by speculators on expectations of a pick-up in demand in the spot market mainly pushed up chana futures prices.