Wheat prices up 14% in 6 weeks on low supply

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Small traders and farmers have sold off their wheat stocks, while multinationals and big traders are holding the stocks anticipating the prices to rise further, traders said. For the first time this year, wheat from government agency Food Corporation of India (FCI) is not available for the millers.

from Agriculture-Economy-News-Economic Times https://ift.tt/UDyfzYI

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Assam’s bamboo-based refinery generates interest among private investors from varied sectors

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The Assam Bio Refinery, a joint venture between Numaligarh Refinery Ltd, Fortum, and Chempolis, plans to manufacture ethanol from bamboo starting in March. The refinery has generated interest from energy sector investors, and the company expects returns on investment to increase from value-added products. India is promoting the production of ethanol from non-food biomass to address shortages of food sources like sugar, maize, and rice. from Agriculture-Economy-News-Economic Times https://ift.tt/Msz0Jl6
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