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Indian-Commodity  :  Commodity-Market  :  Chana  :  Chana futures recover on rising demand

Chana futures recover on rising demand (07-Aug-2012)

Chana futures trade up on NCDEX as traders created fresh positions due to rising demand in the spot markets. Limited arrivals and deficient rains in key growing regions also pushed up prices.

The contract for August delivery was trading at Rs 4,740.00, up by 0.32% or Rs 15.00 from its previous closing of Rs 4,725.00. The open interest of the contract stood at 8370 lots.

The contract for September delivery was trading at Rs 4,865.00, up by 0.16% or Rs 8.00 from its previous closing of Rs 4,857.00. The open interest of the contract stood at 98600 lots on NCDEX.

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