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India sells over 4 million tonnes of wheat in open market from FCI stock in 5 months 

Source The Hindu Businessline

Posted on December 1, 2023

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The Food Corporation of India (FCI) sold 2.84 lakh tonnes (lt) of wheat in the open market through auction on Wednesday, taking the total to nearly 42 lt so far, since weekly sales of the grain from the government reserves began on June 28 under the open market sale scheme (OMSS) to control domestic prices.

The weighted average selling price of wheat was ₹2,128/quintal on November 29 e-auction, which almost same as was in the previous week, official sources said. But, the weighted average selling price was ₹2,279/quintal…..

For More Details Visit: https://www.thehindubusinessline.com/economy/agri-business/india-sells-over-4-million-tonnes-of-wheat-in-open-market-from-fci-stock-in-5-months/article67590044.ece