Tag: rice auction

The latest round of e-auction on Wednesday under the Centre’s Open Market Sale Scheme (OMSS) witnessed a big jump in selling prices of wheat. The resulted in indications that more quantity could be offered in the following rounds after the government announcement of the release of additional 50 lakh tonnes (lt) of wheat and 25 lt of rice.As much as 1.08 lt of wheat got sold out of 1.09 lt offered with the weighted average price being ₹2,254.71 per quintal. The highest price in the auction was recorded...