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As on: May 19, 2019 04:41 PM
Spot Market Update: Wheat Sees Tepid Action, Markets Eye Arrivals
15-Mar-19   17:18 Hrs IST
Higher crop estimates are weighing on the sentiments though prices are witnessing a very subdued movement, not moving much in either direction. Mills are also not in a hurry to buy in bulk ahead of the new crop arrivals. Local production of Wheat, estimated at 99.12 million tonnes, is higher by 2.01 million tonnes as compared to wheat production of 97.11 million tonnes in 2nd Advance Estimates of 2017-18. Spot prices of Wheat in Delhi are quoting at Rs 2080 per quintal right now, down marginally on the day.

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