Transit Issues In The Sea - AG INFORMATION NETWORK OF THE WEST
Wheat Traders continue to keep an eye on transit issues in both the Black & Red Sea.
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Wheat Traders continue to keep an eye on transit issues in both the Black & Red Sea.
The Indian government has decided to reduce the stock limit on wheat traders, wholesalers, and big chain retailers from 3,000 tonnes to 2,000 tonnes due to an increase in prices. The government had previously restricted these players to a stock limit of 3,000 tonnes until March 2024. The decision to further reduce the limit was made following a 4% increase in wheat prices on the NCDEX to Rs 2,550 per quintal in the past month.
The revised stock limit, which also applies to big-chain retailers, comes amid an uptick in wheat prices, Food and Public Distribution Secretary Sanjeev Chopra said.
Manufacturers of Grains,Wheat traders, Get contact details & address of companies trading and supplying Wheat
Manufacturers of Grains,Wheat traders, Get contact details & address of companies trading and supplying Wheat