India wheat prices jump to record high, limit scope for govt-to-govt deals - Economic Times

7/27/2022 12:00:00 AM2 years 9 months ago
by Reuters
by Reuters
Most of the farmers have sold their crop. Negligible supplies are coming up for sale even though demand is robust, said Gopaldas Agarwal, a trader based at Indore in central India. Local wheat prices jumped to a record 23,547 rupees per tonne on Wednesday. T…
Indian wheat prices jumped to a record high, despite a ban on exports, amid strong demand and dwindling supply from a crop damaged by heatwave. The price rally has reduced chances of India supplying… [+2044 chars]
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