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This is an archive article published on April 27, 2010

Chana futures up on low level buying

Chana futures prices rose by Rs 12 or 0.50 per cent at Rs 2,394 per quintal in futures trade today on low-level buying by traders following pick up in domestic demand. Chana prices tad up on buying interest at existing lower levels after prices fell more than 4 per cent in the last six sessions. […]

Chana futures prices rose by Rs 12 or 0.50 per cent at Rs 2,394 per quintal in futures trade today on low-level buying by traders following pick up in domestic demand.

Chana prices tad up on buying interest at existing lower levels after prices fell more than 4 per cent in the last six sessions.

On the Multi Commodity Exchange (MCX),chana for far-month July contract rose Rs 12 or 0.50 per cent to Rs 2,294 per quintal,with a trading volume of 61 lots.

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The commodity for delivery in June-month also traded higher Rs seven or 0.30 per cent to Rs 2,345 per quintal in a business volume of 41 lots.

Marketmen said,buying at lower-levels following pick up in domestic demand helped chana prices to trade higher at futures market.

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