FCI sells 4.91 LMT wheat in 6th e-auction
Srinagar, March 16 -- New Delhi, March 16 () With a view to control the price of wheat and atta, Food Corporation of India (FCI) conducted the sixth e-auction. Total quantity of 10.69 LMT wheat was offered from 611 depots across 23 regions of FCI and 4.91 LMT of wheat was sold to 970 bidders.
In the sixth e-auction, against the all India weighted average reserve price of Rs 2140.46/qtl, weighted average selling price received was Rs 2214.32/qtl. In the sixth e-auction, quantities ranging from 100 to 499 MT had maximum demand followed by quantities of 500-999 MT followed by 50-100 MT quantity bracket.
As per the Ministry of Consumer Affairs, the first auction was conducted on February 1-2, 2023 in which 9.13 Lakh MT was sold to 1016 bidd...
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