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Guavy Wire

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Lead story Commodities Wholesale Wheat Prices Rise Despite Government Sales in India Wholesale wheat prices in India are rising despite the government's weekly sales of 2 lakh tonnes through the open market sale scheme. The all-India average wholesale price increased from ₹2,903/quintal on October 22 to ₹2,940 on November 12, contrary to the declining or stable prices in government e-auctions. Experts suggest investigating the discrepancy and increasing trader participation. Retail inflation, driven by high food prices, reached 6.09 per cent in October, with rice inflation at 12.51 per cent and wheat inflation at 3.05 per cent. Sentiment -2 Clout 70 Speculation 3 Wheat

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