Markets and trade
 

Detail

Area
India
Commodity Group
Grains
Commodity
Wheat
Date
21/01/2020
Policy Category
Consumption and marketing
Policy Instrument
Procurement price
Description
Lowered reserve prices for wheat sold under the Open Market Sale Scheme. Prices for fair average quality wheat decreased from INR 2 245 to INR 2 135 per quintal (USD 311 to USD 296 per tonne) and prices for lower quality wheat decreased to INR 2 080 per quintal (USD 288 per tonne).