High supplies drag wheat prices in spot markets.

Prices of wheat fell in major wholesale markets of the country due to high availability of the grain in spot markets and on anticipation of higher arrivals in the coming days. Arrivals in Punjab begin nearly 7-10 days ago and about 1,000 tonne of the grain arrive daily in Amritsar. Arrivals may rise to 2,000-2,500 tonne in the coming days.