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15-Apr2019

Chana futures trade higher on firm demand

Chana futures traded higher on NCDEX on account of firm demand. Further, lower carryover stocks, expensive imports and quantization restrictions on yellow peas supported to prices. 

The contract for April delivery was trading at Rs 4526, up by 0.53% or Rs 24 from its previous closing of Rs 4502. The open interest of the contract stood at 3980 lots.

The contract for May delivery was trading at Rs 4542, up by 0.31% or Rs 14 from its previous closing of Rs 4528. The open interest of the contract stood at 108020 lots on NCDEX.


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