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Wheat futures rise 0.22 pc on speculative buying

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Press Trust of India New Delhi
Last Updated : May 17 2018 | 11:50 AM IST

Wheat prices went up by 0.22 per cent to Rs 1,804 per quintal 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 quintal 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.

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First Published: May 17 2018 | 11:50 AM IST

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