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Chana extends gains, up 0.35 pc on rising demand

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Press Trust of India New Delhi
Last Updated : Jul 26 2017 | 11:48 AM IST
Chana prices rose by 0.35 per cent to Rs 4,862 per quintal in futures trading today as traders enlarged positions on the back of rising demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in October rose by Rs 17, or 0.35 per cent, to Rs 4,862 per quintal with an open interest of 8,880 lots.
On similar lines, the commodity for delivery in September was enquired higher by Rs 8, or 0.16 per cent, to Rs 4,917 per quintal in 14,620 lots.
Analysts said widening of positions by participants, tracking a firm trend at spot market on rising demand against restricted supplies from producing belts, mainly kept chana prices higher at futures trade.

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First Published: Jul 26 2017 | 11:48 AM IST

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