Chana continued to rise for the third straight day as speculators dominated futures market. Spot chana prices gained as their futures rose and stockists held back produce expecting even higher prices.

Spot chana ( kanta ) gained Rs 50 at Rs 2,800-2,850 a quintal. Similarly, chana ( desi ) also gained Rs 50 at Rs 2,750 a quintal. Going by the current trend, chana prices may hit Rs 3,000 a quintal, traders said.

Aided by spot chana prices, chana dal (bold) in the spot market was Rs 100 up at Rs 3,550-3,575, chana dal (average) fetched Rs 3,450-3,475 and chana dal (average) sold at Rs 3,300-3,325 a quintal.

Dollar chana or chickpea remained firm in the mandis despite subdued demand in domestic and export markets. It fetched Rs 6,400-6,600 a quintal in mandis . Arrivals of dollar chana dropped to 500-600 bags because of rains in the State.

Slack demand dragged masoor. Masoor (bold) sold at Rs 2,825-2,850 a quintal and masoor (medium) at Rs 2,550 a quintal in the spot market. Masoor dal ruled firm, with masoor dal (bold) in the spot market ruling at Rs 3,500-3,525, masoor dal (medium) at Rs 3,400-3,425 and masoor dal (average) at Rs 3,300-3,325 a quintal.

Tur and moong remained firm in the spot market even though there were no queries and as incessant rains hit trading. Tur (Maharashtra), which had gained on Tuesday, remained firm at Rs 3,200 a quintal and tur (Nimari) ruled at Rs 2,600-2,700. Tur dal ruled steady with tur marka selling at Rs 6,100, tur dal (full) at Rs 5,500-5,550 and tur dal ( sawa no.) at Rs 4,500-4,600.

Moong (bold) fetched Rs 4,200-4,400 a quintal and moong (medium) Rs 3,800-4,000 a quintal. Moong dal ruled steady, with moong (mongar) selling at Rs 5,600-5,650 a quintal, moong dal (bold) at Rs 5,500-5,550 and moong dal ( chilka ) at Rs 4,700-4,750 a quintal.

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