Chana prices rose by Rs 9, or 0.40 per cent, to Rs 2,235 per quintal in futures trading today after speculators enlarged their positions, driven by pick up in spot demand.
Restricted arrivals at spot market from the producing regions of Rajasthan and Madhya Pradesh supported the uptrend in futures trade.
At the Multi Commodity Exchange, chana for August-month contract rose Rs 9, or 0.40 per cent, to Rs 2,235 per quintal, with a business volume of five lots.
Similarly, the chana for delivery in July contract traded Rs 6, or 0.27 per cent higher, to Rs 2,191 per quintal, with an open volume of three lots.
Analysts said fresh positions created by speculators, followed by pick up in demand in the spot market, influenced the chana prices in futures trade.
