NEW DELHI, July 16: Wheat prices went up by 0.57 per cent to Rs 1,931 per quintal in futures trade today as speculators built up fresh positions.
At the National Commodity and Derivatives Exchange, wheat for delivery in August moved up by Rs 11, or 0.57 per cent, to Rs 1,931 per quintal with an open interest of 7,950 lots.
Similarly, the wheat for delivery in September contracts gained Rs 9, or 0.47 per cent, to Rs 1,940 per quintal in 220 lots.
Analysts said fresh positions created by traders after uptick in demand in the physical market amid pause in arrivals from producing belts influenced wheat prices in futures trade. (PTI)
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