Chana futures edge higher on renewed demand

Chana futures edged higher on NCDEX on the back of good buying support from local traders amid tight supply from producing regions. Further, renewed demand from local millers and reports about sharp decline in gram production in this season also supported the upsurge. The contract for May delivery was trading at Rs 3113.00, up by 0.68% or Rs 21.00 from its previous closing of Rs 3092.00. The open interest of the contract stood at 97910.00 lots. The contract for June delivery was trading at Rs 3173.00, up by 0.63% or Rs 20.00 from its previous closing of Rs 3153.00. The open interest of the contract stood at 48490.00 lots on NCDEX.