Prices of wheat and wheat products like atta, maida, and sooji have softened since November, which should come as some relief to consumers during the peak festival season. However, the drop hasn't been uniform across all markets, and in some markets of Madhya Pradesh, there has been a slight uptick in product prices, data sourced from private traders showed.
Going forward, market players feel that prices would be guided somewhat by the pace of new crop sowing and also the trajectory of liquidation of wheat inventories by government agencies. On the sowing front, till last (that is during the week ended November 16), sowing of wheat did pick up pace as compared to the week before as festivities ebbed
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