Wheat prices up on increased offtake by flour mills

Wheat prices strengthened by Rs 10 per quintal at the wholesale grains market today due to increased offtake by flour mills to meet seasonal demand.

Traders attributed the rise in wholesale wheat prices to the increased offtake by flour mills to meet seasonal demand against slowdown in arrivals.

However, measures taken by the government to ensure domestic supply on the back of a robust stock situation limited the gains.

In the national capital, wheat dara (for mills) remained in demand and inched up by Rs 5 to Rs 1,145-1,150 per quintal, while wheat deshi gained Rs 10 to settle at Rs 1,650-1,750 per quintal.

Atta chakki delivery followed suit and traded higher by Rs 10 to Rs 1,150-1,155 per 90 kg. Other grains like barley also moved up on increased offtake from consuming industries.

Barley also improved by Rs 20 to Rs 950-970 per quintal on increased offtake from consuming industries. However, maize fell by Rs 30 to Rs 950-960 per quintal for want of support.

Following are today's quotations in Rs per quintal:

Wheat MP (deshi) 1,650-1,750
wheat dara (for mills) 1,145-1,150
chakki atta (delivery) 1,150-1,155
atta Rajdhani (10 kg) 175
Shakti bhog (10 kg) 175
Roller flour mill 610-630 (50 kg)
Maida 630-660 (50 kilos)
Sooji 670-690 (50 kg)

Basmati rice (Lal Quila) 9,300
Shri Lal Mahal 9,300
Super basmati rice 9,000
Basmati common 5,200-5,300
rice Pusa-(1121) 4,500-5,000
Permal raw 1,725-1,775
Permal wand 1,825-1975
Sela 2,025-2,075
Rice IR-8-1,550-1,575

Bajra 940-950
Jowar yellow 1000-1,075
Jowar white 1,500-1,550
Maize 950-960
Barley (UP) 950-970
Rajasthan 1,080-1,090