India to release 3 mil mt wheat from government stocks to rein in prices

Capt. John

The Food Corporation of India (FCI) will offload 3 million mt wheat from government inventories to rein in rising domestic prices, a release from the food ministry said on Jan. 25. Domestic wheat prices had risen over 35% to Rupee 31,500/mt ($386.40/mt) due to continued tight supply over the past...

https://www.hellenicshippingnews.com/india-to-release-3-mil-mt-wheat-from-government-stocks-to-rein-in-prices/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon