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Monday, December 18, 2006

Sharekhan Commodities Buzz dated December 18, 2006


Wheat: Duty-free imports till February
The Indian government has extended duty-free imports of wheat for two months through February 28, 2007. Punjab is expected to release around 240,000 quintal of wheat through the public distribution system at a lower rate. The supply to south Indian states would be adequate in the coming days, which could affect the prices in the north.

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