Wheat up by 0.33% on speculative buying

Wheat prices inched up by 0.33 per cent to Rs 1,810 per quintal 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 quintal 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 quintal 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.