Chana prices rose by Rs 45 to Rs 4,120 per quintal in futures trade today as speculators enlarged their positions on good demand in the spot market.
Restricted arrivals in the physical market also influenced the chana prices at futures trade.
At the National Commodity Derivatives Exchange, chana for June delivery rose by Rs 45, or 1.10%, to Rs 4,120 per quintal, with an open interest of 15,450 lots.
The July contract gained Rs 40, or 0.96%, to Rs 4,174 per quintal, with an open interest of 1,03,270 lots.
Analysts said increased buying by speculators on good demand in the spot market mainly led to a rise in chana futures prices.
They said buying interest at lower levels futher supported by slack supplies in the spot market in a year of lower estimated output, influenced the sentiment.
