Chana prices rose by Rs 12 to Rs 2,642 per quintal in futures trade today as traders enlarged their positions on hopes of a rise in demand in the rainy season.
At the National Commodity and Derivatives Exchange, chana for delivery in July rose by Rs 12, or 0.46%, to Rs 2,642 per quintal, with an open interest of 230,640 lots.
The June contract gained Rs 11, or 0.43%, to Rs 2,563 per quintal in 84,330 lots.
Market analysts said apart from less arrivals from producing belts, increased buying by traders mainly pushed up chana futures prices.
