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Epic Agri Commodity Update:wheat

Discussion in 'Technical Analysis' started by Epicresearch, Mar 13, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Wheat trading range for the day is 1416-1432.Wheat settled firm as spot markets in UP are witnessing good demand amid steady arrivals.Indian farmers are likely to harvest 92.3 mln tns of wheat in 2013 to run ahead of about 76 mln tns of local demand.The Wheat arrivals are witnessing a rising trend and spot prices are moderating.In Delhi wheat prices dropped -4 rupee to end at 1583.5 rupees per 10 kg.
     
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