The drop in global wheat prices has stopped / stability in the rice and sugar market

price rhythm, rice stability and rising sugar prices.

According to the Public Relations Department of Iran’s State
Commerce Corporation, the meeting of the commodity market monitoring group this
week will examine the global and domestic market for wheat, rice, oil and
sugar, and the report of experts from the Foreign Office of Commerce indicates
a stop in the decreasing process of global wheat prices this week.

According to the report, rice prices have been kept stable
this week compared to last week, and sugar prices in the global market are
rising. Carriage rates also had a slight decline in prices this week.

The report also states that since the first of February last
year, 589,000 tons of sugar has been licensed. Hasan Hanan, deputy interior
minister, announced the news, adding that 226,000 tonnes of this product has
been released, and the sugar market will stabilize in the coming days.

According to the report, following the meeting, Hassan
Abbasi Maroufan also described and analyzed the market after the presentation
of the report on the world market for domestic commodities, referring to the
import of basic goods.