Mahalakshmi@fastura.com

wheat

The government tightens wheat stock regulations in order to increase supply holding limits

The government on Thursday cut in half the maximum amount of wheat that traders, wholesalers, large retailers, and processors could store in stock while extending the restrictions until March 31, 2024, in an effort to increase wheat supplies and discourage hoarding. Up until the end of the current fiscal year, stock holding limits for wheat…

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Copper Rises As Expectations Grow for Further Assistive Action From China

In anticipation of more robust market-supporting policies from China, copper prices fell -0.84% Wednesday, closing at 715.95. The People’s Bank of China implemented measures to stimulate economic growth, including lowering the reserve requirement ratio for financial institutions and executing 100 billion yuan in 14-day reverse repos. In an effort to promote economic expansion, these steps…

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