wheat prices per quintal in india ~ top commodities wheat prices per quintal in india : Wheat prices fell by 0.88 per cent to Rs 1,150 per quintal today as speculators indulged in reducing their positions, driven by rising arrivals of the new crop in the markets.
Weak trend at the spot markets due to subdued demand from flour mills also kept pressure on the wheat futures prices here.
At the National Commodity and Derivatives Exchange, wheat for delivery in current month lost Rs 10.20, or 0.88 per cent, to Rs 1,150.20 per quintal, with an open interest of 8,470 lots.
Similarly, the wheat for delivery in May traded Rs 7.80, or 0.67 per cent, lower at Rs 1,161 per quintal, with an open interest of 28,630 lots.
Analysts attributed the fall in wheat futures prices to adequate stocks in the spot markets following rising arrivals of the newly harvested crop in the markets.
Meanwhile, arrivals have started in Madhya Pradesh and Gujarat, while supplies would start from Punjab.
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Wheat Prices
