Wheat prices rebound 0.67% in futures trade
At the National Commodity and Derivatives Exchange, wheat for delivery in far-month April moved up by Rs 11, or 0.67 per cent to Rs 1,658 per quintal with an open interest of 3,380 lots.
Similarly, the wheat for delivery in March contracts edged up by Rs 2, or 0.12 per cent to Rs 1,637 per quintal in 3,730 lots.
Analysts attributed the rise in wheat futures to speculative positions created by traders.
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