MUMBAI, March 5 (Reuters) - India chana futures may open up on Thursday tracking a firm spot market that saw improved demand, but higher output estimates may limit gains, analysts said.
Spot demand has increased ahead of the Holi festival, which falls next week.
The federal farm ministry last month said output may rise by 13.7 percent to 6.54 million tonnes in 2008/09 compared with 5.75 million tonnes a year ago.
The April contract NCHJ9 on the National Commodity and Derivatives Exchange (NCDEX) ended at 2,246 rupees per 100 kg in the previous trading session, down 0.31 percent.
GUAR:
Futures may trade higher on some domestic demand from guar mealmakers, analysts said.
April futures contract NGUJ9 last ended 0.12 percent down at 1,609 rupees per 100 kg.
(Reporting by Rajendra Jadhav & Sourav Mishra; Editing by Harish Nambiar)
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