Wheat, pulses prices moderate after govt imposes stockholding limit

Quick Summary:

Private traders, however, say there hasn’t been much moderation and prices have even moved up in some centers.

The normative closing stock at the end of any season should not be more than 5.5 million tonnes.

This would lead to significantly higher closing stocks of 9.1 million tonnes as of September 2024 for the 2023-24 season.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Wheat Farmers Indian economy MSP Indian farmer Agriculture economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 19:38:32 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21472061

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 259 posts per day

Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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