Chana prices spurted by 1.48 per cent to Rs 4,648 per quintal in futures trade Thursday after speculators widened their bets, driven by strong demand from dal mills in spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in November jumped Rs 68, or 1.48 per cent, to Rs 4,648 per quintal with an open interst of 2,970 lots.
In a likewise manner, the commodity for delivery in December gained Rs 19, or 0.42 per cent, to trade at Rs 4,575 per quintal in 39,750 lots.
The rise in chana prices at futures trade was mostly attributed to raising of positions by participants on the back of firm demand in the spot market, analysts said.
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