Chana futures gain 1.34 pc on rising demand

New Delhi, Oct 13 (PTI) Chana prices shot up by 1.34 percent to Rs 5,290 per quintal in futures trade today as traderswidened bets on the back of r...

New Delhi, Oct 13 (PTI) Chana prices shot up by 1.34 percent to Rs 5,290 per quintal in futures trade today as traderswidened bets on the back of rising demand in the spot market.

At the National Commodity and Derivatives Exchange,chana for delivery in October jumped up by Rs 70, or 1.34 percent, to Rs 5,290 per quintal with an open interest of 2,630lots.

Analysts said widening of positions by participantsfollowing pick-up in demand in the physical market againstrestricted arrivals from producing regions, mainly attributedthe rise in chana prices at futures trade. PTI KPS SUNSBT.

This is unedited, unformatted feed from the Press Trust of India wire.

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