Business Standard

Chana futures marginally up on spot demand

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Press Trust of India New Delhi

In restricted activity, chana prices traded marginally higher by rupee one to Rs 2,402 per quintal in futures trade today as speculators indulged in enlarging their positions, supported by firm spot market cues.

At the Multi Commodity Exchange, chana for delivery in December month traded marginally higher by rupee one, or 0.04 per cent to Rs 2402 per quintal in 2 lots.

Traders said speculators enlarged their positions on the back of a rise in demand in the spot market due to marriage season, helped the rise in chana futures prices.

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First Published: Dec 10 2010 | 4:34 PM IST

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