|| SHANIWAR SAMWAD || 26-03-2022

 A few interesting news are flowing in the market which is very much interesting in our context. The ongoing conflict between Russia & Ukraine, which was shown that our descent recovery after the pandemic is going to derail as there is no escalation between them.

The crude was going high since November, but it reached its high due to escalation, now it is cooling with nearly reaching $100 per barrel.

In the coming time, we will see the rate settle down near about $80 per barrel. 

The escalation is not full fledge war but a regional issue that will get solved as both are talking to each other.

But we mentioned in the last blog that the cost of wheat is increasing due to the escalation, right now the cost per ton of wheat is nearly $500, which is very high then it usually is. 

In the normal time, it is around $ 200 per ton, as the cultivation of same is destroyed due to escalation which usually made our export unviable, the cost for our wheat is around $250 per ton.

In the near term, the cost of wheat and its availability in the world market will be less which will increase the cost and it will stabilize near our production cost.

The present time for us is very favorable to grab the market for the commodity.

As total availability of wheat in our country is in a comfortable position.

Just we have to grab the opportunity. Recently one survey was conducted amongst the top CEO of the industry.

The overall mood of the corporate  is sure that the full-fledged war will not happen and the recovery of the economy  will be usual as predicted or thought,

The inflation and recovery will be a bit less than the budgeted or same, time will tell the same.

After the recently held state election, the pace of reforms and the big decisions will increase and some hard decisions for the better of the economy will be done.

We have become opportunists for quite some time and using the very opportunity for the best of use and making ourselves self-dependent, which is the need of the hour.

The market and political situation is changing very fast and to make things work for us, we have to be ready for same with absorbing hard decisions.


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