Skymet weather

Wheat| Wheat is trading steady to firm on rising spot demand

July 12, 2016 8:13 AM |

Wheat is trading steady to firm on rising spot demand but Govt. has ample stock to take care of any emerging demand from domestic market. Wheat stock in the central pool in the start of June was registered at 326.4 lakh tonnes.  AS per normal stock norms, India need 245 lakh tones as on 1st July as operational stock and 30 lakh tones as strategic reserves.






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