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Wheat futures up 0.82% on spot demand

Press Trust of India  |  New Delhi 

Mentha prices edged higher by 0.82 per cent to Rs 1,726 per quintal in futures trading today as speculators built up fresh positions amid uptick in demand in domestic spot market.

At the National Commodity and Derivatives Exchange, wheat for delivery in February moved up by Rs 14, or 0.82 per cent to Rs 1,726 per quintal with an open interest of 5,170 lots.

Likewise, the wheat for delivery in March was trading higher by Rs 6, or 0.35 per cent to Rs 1,730 per quintal in 1,010 lots.

Analysts said fresh positions created by traders due to upsurge in demand in the physical market amid pause in supplies from growing regions, mainly led to rise in 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: Fri, January 12 2018. 11:35 IST