NEW DELHI, Oct 6: Wheat prices softened by 0.18 per cent to Rs 1,638 per quintal in futures market today as speculators reduced exposure, triggered by sufficient stocks at the spot markets.
At the National Commodity and Derivatives Exchange, wheat for delivery in October month fell by Rs 3, or 0.18 per cent to Rs 1,638 per quintal with an open interest of 6640 lots.
Analysts said offloading of positions by participants amid sufficient stocks position on increased supplies from producing belts in the physical market against subdued demand, mainly influenced wheat prices at futures trade. (PTI)
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