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South Asian Update
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India wheat prices jump to six month high

 Published: 11:52, 9 August 2023

India wheat prices jump to six month high

Indian wheat prices surged to a six-month high on Tuesday due to limited supplies and robust demand ahead of the festival season, dealers said. 

The increasing 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.

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