MUMBAI : Spot and retail prices of essential commodities such as wheat, sugar and pulses have started easing following the governments decision to facilitate imports and ban exports, an official release said on Tuesday.
Spot wheat prices fell 4.8%, while retail prices declined 9% between February 1 and July 20 after the government announced its decision to import 5,00,000 tonne of wheat on February 2, the release said. Spot prices of wheat in Delhi were at Rs 922 per 100 kilogram on February 1, which fell to Rs 881 as of July 20.
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