Chana prices gained Rs 20 to Rs 4,053 per quintal in futures trade today as speculators enlarged their positions, tracking a firming trend at spot market on pick-up in demand amid decline in arrivals from producing belts.
At the National Commodity Derivatives Exchange, chana for delivery in June rose by Rs 20, or 0.50%, to Rs 4,053 per quintal, with an open interest of 17,540 lots.
The July contract moved up by Rs 20, or 0.49%, to Rs 4,117 per quintal in 1,04,430 lots.
Analysts said the rise in chana futures was mostly attributed to fresh positions created by speculators and pick-up in demand at spot markets.