Chana prices rose by Rs 137 to Rs 4,764 per quintal in futures trade today on lower supplies in domestic market amid pick-up in demand ahead of the festive season.
At the National Commodity Derivatives Exchange, chana for July rose by Rs 137, or 2.96%, to Rs 4,764 per quintal, with an open interest of 3,500 lots.
August chana gained Rs 111, or 2.34%, to Rs 4,840 per quintal, with an open interest of 1,15,330 lots.
Analysts said increased buying by speculators on rising demand in the spot market for the coming festival season mainly led to a rise in chana futures prices.
