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Chana prices rose by 2% to Rs 4,282 per quintal in futures trade today amid pickup in demand at the spot market and restricted arrivals from producing belts.
At the National Commodity and Derivatives Exchange, chana for delivery in July shot up by Rs 84, or 2% to Rs 4,282 per quintal with an open interest of 28,360 lots.
Similarly, the commodity for delivery in August contracts traded higher by Rs 58, or 1.33% to Rs 4,404 per quintal in 1,88,990 lots.
Market analysts said pickup in demand at the spot market against restricted supplies from producing regions led to the upsurge in chana prices at futures trade.
