Indian wheat prices surged to a six-month high due to limited supplies and robust demand ahead of the festival season, dealers said. The rising prices may prompt New Delhi to eliminate import duties on the cereal to bolster supplies and control prices ahead of key State polls and next year’s general election. “In all key producing States, farmer supplies have almost come to a halt, said a trader. “Flour mills are struggling to obtain sufficient supplies. (ICE NEW DELHI)

Fonte notizia: The Economic Times