Wednesday, April 17, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT

Wheat  trading range for the day is 1419-1443.
Wheat ended with gains on renewed buying interest for new crop.
India's wheat stocks in government warehouses were around 24.2 mn tons as of April 1, down by 11% from February.
Indian government has asked its companies to export 4.5 mn tons of wheat and offered 5 mn tons.
In Delhi wheat prices gained 3.75 rupee to end at 1451.25 rupees per 10 kg.

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