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Chana prices rose by Rs 23 to Rs 3,220 per quintal in futures trading today as speculators enlarged their positions, tracking a firm trend at spot market on pick up in demand.
At the National Commodity and Derivatives Exchange, chana for delivery in June rose by Rs 23, or 0.72%, to Rs 3,220 per quintal with an open interest of 1,540 lots.
Similarly, chana for delivery in the July contract moved up by Rs 20, or 0.62%, to Rs 3,247 per quintal in 1,72,830 lots.
Analysts said the rise in chana futures was mostly attributed to fresh positions created by speculators driven by rising demand in the spot market.
