In range-bound futures trading, wheat prices fell by 0.18% to Rs 1,128 per quintal today as speculators reduced their positions amid higher supplies in the spot markets.
Subdued demand from flour mills also weighed on the prices.
At the National Commodity and Derivatives Exchange, October wheat fell by Rs 2, or 0.18%, to Rs 1,128 per quintal, with an open interest of 30,600 lots.
The November contract fell by 80 paise, or 0.07%, to Rs 1,146 per quintal, with an open interest of 16,630 lots.
Analysts said the fall in sugar futures prices was mostly due to supply pressure in the spot market against subdued demand from flour mills.
