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Weekly E-Auctions

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FCI Wheat Prices Surge ₹61/quintal Ahead of New Crop Arrival
HimasameeraJanuary 12, 2024 (1 year ago)

Food Corporation of India’s e-auction records prices that increase by ₹61/quintal in a month, compared with the minimum support price, amid expectations of an upcoming wheat crop. The spike in the average selling price, which reached […]

By April, the government’s wheat supplies might be insufficient.
HimasameeraDecember 12, 2023 (1 year ago)

The stocks kept with the Food Corporation of India (FCI) may fall below the buffer requirement by the start of the next fiscal year as a result of the government’s decision to suppress price increases by […]

The government increases the amount of wheat allotted for open market sales.
HimasameeraOctober 27, 2023October 27, 2023 (2 years ago)

In order to lower prices, the government has chosen to release 0.3 million tonnes (MT) under the Food Corporation of India’s (FCI) open market sale system (OMSS) in its weekly e-auction starting next month, compared to […]

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