Tuesday, May 21, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT



Wheat trading range for the day is 1526-1576.
Wheat gained due to weak arrivals of wheat in local mandies along with strong demand of private millers at higher levels.
The sources also suggested that the overall wheat supplies for current years is expected to be around 80-85 million tonnes
The strong decline is mainly on the heels of restricted supplies of wheat by farmers at major mandies.
In Delhi wheat prices gained 1.25 rupee to end at 1525 rupees per 10 kg.

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