Chana prices edged higher by 0.57 per cent to Rs 2,985 per quintal in futures trade today as speculators created fresh positions, supported by increased demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in September moved up by Rs 17, or 0.57 per cent to Rs 2,985 per quintal with an open interest of 38,680 lots.
Similarly, the commodity for delivery in August contract traded higher by Rs 15, or 0.52 per cent to Rs 2,905 per quintal in 1,59,500 lots.
Analysts said the rise in chana futures was mostly attributed to fresh positions built-up by speculators amidst increased demand in the spot market.
