Tuesday, April 16, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT

 

Wheat  trading range for the day is 1407-1441.
Wheat gained tracking firmness in spot demand though prices seen under pressure due to weak global demand.
The global wheat consumption at 672.53 million tonnes in April 2013, down 1.17 million tonnes from last month
World wheat ending stocks for 2012/13 are projected higher by 4 million tonnes this month at 182.70 million tonnes
In Delhi wheat prices gained 2.5 rupee to end at 1447.5 rupees per 10 kg.

 

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