Wheat, Sugar prices plunge 10-13% despite Holi demand

The Food Corporation of India (FCI) has sold around 0.54 million tonnes of wheat out of the allocated 1.15 million tonnes to be sold through the Open Market Sale Scheme (OMSS) to traders, states, and other bidders. However, the prices of wheat are higher than last year during the same time. A kilogram of wheat cost ₹30.31 on March 6 against ₹25.67 on the same day last year, according to official data.

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