India spot wheat prices tad up in Delhi.

Wheat prices rise slightly in the key wholesale Delhi market due to slight improvement in demand. In the spot markets, wheat prices have been range-bound for the last one month due to weak trade. Despite the lean arrival season, demand for wheat has been subdued as private sector companies have already built inventories following a bumper output in 2016-17 (Jul-Jun). Cheap availability of the grain in global markets has also kept domestic prices down.