Chana futures remain up on rising spot demand
At the National Commodity and Derivatives Exchange, chana for delivery in December rose further by Rs 24, or 0.55 per cent, to Rs 4,405 per quintal, with an open interest of 72,130 lots.
By PTI |
NEW DELHI: Supported by a firming trend in spot market on the back of festive season demand, chana prices up by Rs 24 to Rs 4,405 per quintal in futures trading today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, chana for delivery in December rose further by Rs 24, or 0.55 per cent, to Rs 4,405 per quintal, with an open interest of 72,130 lots.
Likewise, the commodity for delivery in January moved up by Rs 21, or 0.51 per cent. to Rs 4,145 per quintal in 72,580 lots.
Market analysts said rising demand in the spot market driven by ongoing festive season, mainly kept chana futures higher.
At the National Commodity and Derivatives Exchange, chana for delivery in December rose further by Rs 24, or 0.55 per cent, to Rs 4,405 per quintal, with an open interest of 72,130 lots.
Likewise, the commodity for delivery in January moved up by Rs 21, or 0.51 per cent. to Rs 4,145 per quintal in 72,580 lots.
Market analysts said rising demand in the spot market driven by ongoing festive season, mainly kept chana futures higher.
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