Chana prices gained 2.76 per cent to Rs 3,201 per quintal in futures trade today as speculators enlarged positions tracking a firm trend at spot market on strong demand.
Further, lower output expectations further fuelled the uptrend.
At the National Commodity and Derivatives Exchange, chana for delivery in December surged by Rs 86, or 2.76 per cent, to Rs 3,201 per quintal with an open interest of 400 lots.
The commodity for delivery in January next year advanced by Rs 40, or 1.22 per cent, to Rs 3,311 per quintal in 83.880 lots.
Analysts said speculators enlarged positions, taking positive cues from spot market on strong demand against restricted arrivals from major producing belts.
