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Wheat futures rise 0.22 pc on speculative buying

Press Trust of India  |  New Delhi 

Wheat prices went up by 0.22 per cent to Rs 1,804 per in futures trade today as speculators created fresh bets.

At the National Commodity and Derivatives Exchange, wheat for delivery in June month was trading higher by Rs 4, or 0.22 per cent to Rs 1,804 per with an open interest of 6,170 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: Thu, May 17 2018. 11:50 IST