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WHEAT MARKET SPECULATION
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...
From queues to QR codes: A state in India may have found the fix for India’s fertiliser distribution woesWhile the Madhya Pradesh government projects it as a major reform to streamline fertiliser distribution, industry stakeholders say it’s sti...
India resumes wheat exports after four years but high prices likely to limit demandIndia has resumed wheat exports for the first time in four years, with ITC loading 22,000 metric tons for the UAE. A record harvest and hig...
No imports needed: India's wheat harvest defies market speculationIndia's robust wheat harvest is replenishing reserves, ensuring the nation can meet domestic demand without imports this year, contrary to ...
Wheat industry demands import duty reduction to curb speculation and price volatilityThe wheat processing industry in India has urged the government to reduce the import duty on wheat because of climate uncertainties and pri...
India has enough wheat stock; Govt to take action against hoarders if needed, says Food Secy Sudhanshu PandeyAccording to news agency PTI, Pandey said the government's wheat production forecast is around 105 million tonne in rabi season of 2021-22 ...
Wheat futures up 0.39% as participants widen positionOn similar lines, the wheat for delivery in July contracts traded higher by Rs 6, or 0.34 per cent to Rs 1,796 per quintal in 33,010 lots.
Wheat futures up by Rs 16 on spot demandSpeculative positions created by traders due to pick-up in demand from flour mills in the spot market amid decline in supplies from produci...
Wheat futures gain 3.38% on fresh buyingWheat prices surged 3.38 per cent to Rs 1530 per quintal in futures trading today as speculators created fresh positions.
- Wheat futures up 0.39 pc on hopes of export demand
At the NCDEX, wheat for delivery in February edged up by Rs 6, or 0.39 pc, to Rs 1,550 per quintal in an open interest of 6,200 lots.
- Wheat futures surge 2.34 pc on export demand hopes
At NCDEX, wheat for delivery in March spurted by Rs 34, or 2.34 pc to Rs 1,485 per quintal in an open interest of 6,020 lots.
- Wheat futures down 0.38 pc on adequate supply
Wheat prices fell by Rs 6, or 0.38 per cent to Rs 1,586 per quintal in futures trade today on speculators selling on expectations of an inc...
- Wheat futures up over 1 pc on seasonal demand
At the National Commodity and Derivatives Exchange, wheat for delivery in December shot up by Rs 17, or 1.08 per cent, to Rs 1,597 per quin...
- Wheat futures recover on spot demand
Wheat prices rose by Rs 12 to Rs 1,549 per quintal in futures trading today as speculators enlarged positions on the back of pick-up in spo...
- Wheat futures up over 1% on festive season demand
Wheat futures prices today rose by 1.33% to Rs 1,605 per quintal as participants created speculative positions, driven by a surge in demand.
- Wheat succumbs to profit-booking in futures trade
Wheat prices fell by 0.89 per cent to Rs 1,441 per quintal today as speculators preferred to book profits after scoring hefty recent gains.
- Wheat futures down on record procurement
Wheat futures prices today fell by Rs 14 to Rs 1,146 per quintal as speculators indulged in reducing their positions, triggered by record p...
- Wheat futures down 0.34% on increased supply
Wheat futures prices today fell by Rs 4, or 0.34 per cent, to Rs 1,184 per quintal, as speculators reduced their positions.
- Wheat futures down 0.42 pc on as procurement picked up
Wheat futures prices today fell by Rs 5, or 0.42 per cent, to Rs 1,195 per quintal, as speculators reduced their positions.
- Open market wheat sale policy by Aug 15
The government will announce its new policy for low-priced wheat sale in the open market by August 15. A CoS meeting will prepare a blue-pr...