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Chana prices moved up by 0.70 per cent to Rs 3,010 per quintal in futures trade today as speculators created fresh positions, tracking rising demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in May contracts rose Rs 21, or 0.70 per cent to Rs 3,010 per quintal with an open interest of 5,060 lots.
In a similar fashion, the commodity for delivery in June contracts gained Rs 9, or 0.29 per cent to Rs 3,079 per quintal in 1,58,970 lots.
Analysts said fresh positions built-up by speculators on the back of rising demand in the spot market against restricted arrivals from producing regions, mainly attributed rise in chana prices at futures trade.
