Chana remained firm for the second day and prices advanced by 1.18 per cent to Rs 2,740 per quintal in futures trading today as speculators engaged in creating positions amid rising demand in spot markets.
Besides, restricted arrivals from producing regions also supported the uptrend.
At the National Commodity and Derivatives Exchange, chana for delivery in June added Rs 32, or 1.18 per cent to Rs 2,740 per quintal with an open interest of 3,590 lots.
In a similar fashion, the commodity for delivery in July gained Rs 26, or 0.93 per cent to Rs 2,823 per quintal in 1,68,200 lots.
Analysts said speculators enlarged positions supported by rising demand in the spot market amid lower arrivals from producing belts mainly influenced chana prices at futures trade.
