Wheat up by 0.33% on speculative buying

Press Trust of India  |  New Delhi 

Wheat prices inched up by 0.33 per cent to Rs 1,810 per in futures trade today as speculators created fresh bets.

At the National Commodity and Derivatives Exchange, wheat for delivery in July rose by Rs 6, or 0.33 per cent to Rs 1,810 per with an open interest of 50 lots.

Likewise, the wheat for delivery in June gained Rs 4, or 0.22 per cent to Rs 1792 per in 7,030 lots.

Analysts said fresh positions created by traders on uptick in demand in the physical market amid a pause in arrivals from producing belts influenced wheat prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 22 2018. 13:10 IST