Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills.
India Business News: Wheat prices in India have reached an eight-month high due to strong demand for festivals, limited supplies, and import duties. The government may rel
Indian wheat prices have reached an eight-month high due to strong demand for festivals, limited supplies, and import duties making overseas buying unfeasible for domestic flour mills. The government may release more stocks and eliminate import duties to control prices. Rising wheat prices could contribute to food inflation.
Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour. -October 17, 2023 at 06:15 am EDT
- MarketScreener