New Delhi, Jan 31 (PTI) Chana prices moved up by 1.53 per cent to Rs 3,847 per quintal in futures trade today as participants created positions, driven by rising demand from dal mills in the spot market. Also Read - BUR vs LEI Dream11 Team Tips, Fantasy Prediction Premier League 2020-21: Captain, Predicted XIs For Today's Burnley vs Leicester City Match at Turf Moor Stadium 11:30 PM IST March 3 Wednesday
Besides, tight stock positions following drop in arrivals from producing regions, fuelled the uptrend. Also Read - Aadhaar Card Update: Want to Apply Aadhaar For New-born Babies? Step-by-step Guide Here
At the National Commodity and Derivatives Exchange, chana for delivery in March contracts was trading higher by Rs 58, or 1.53 per cent, at Rs 3,847 per quintal with an open interest of 88,790 lots. Also Read - BMC Makes 7-Day Institutional Quarantine Mandatory For Passengers Arriving from Brazil
Likewise, the commodity for delivery in April contracts gained Rs 56, or 1.46 per cent, to Rs 3,883 per quintal in 30,930 lots.
Analysts attributed the rise in chana prices to surging demand in the spot market against restricted supplies from producing regions.
This is published unedited from the PTI feed.