Wheat prices jumped up by 0.91 per cent to Rs 1,878 per quintal in futures market today as speculators built up fresh positions.
At the National Commodity and Derivatives Exchange, wheat for delivery in July rose by Rs 17, or 0.91 per cent, to Rs 1,878 per quintal with an open interest of 3,470 lots.
Similarly, the wheat for delivery in August contracts was trading higher by Rs 17, or 0.91 per cent, at Rs 1,895 per quintal in 5,760 lots.
Analysts said fresh positions created by traders after the uptick in demand in the physical market and a pause in arrivals from producing belts influenced wheat prices in futures trade.
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