Maize strengthens on rising demand, tight supply

Maize prices advanced by Rs 50 per quintal at the wholesale grains market today amid rising demand and tight supplies from producing areas.
However, wheat weakened on adequate stocks position against reduced offtake by flour mills.
Traders said rising demand from consuming industries against tight supplies from producing belts mainly pushed up maize prices.
They said, however, adequate stocks position against reduced offtake by flour mills weighed on wheat prices.
In the national capital, maize added another Rs 50 to Rs 1,600-1,605 per quintal.
On the other hand, wheat dara (for mills) declined by Rs 10 to Rs 1,660-1,665 per quintal. Atta chakki delivery followed suit and traded lower at Rs 1,675-1,680 from Rs 1,680-1,685 per 90 kg.

Atta flour mills and maize also weakened by Rs 5 each to Rs 845-855 and Rs 935-945 per 50 kg, respectively.

However, sooji showed some strength and edged up to Rs 1,040-1,050 per 50 kg.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,270-2,670, Wheat dara (for mills) 1,660-1,665, Chakki atta (delivery) 1,675-1,680, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 845-855 (50 kg), Maida 935-945 (50 kg) and Sooji 1,040-1,050 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,600-6,100, Rice Pusa (1121) 4,600-5,700, Permal raw 1,700-1,775, Permal wand 1,850-1,900, Sela 2,350-2,400 and Rice IR-8 1,575-1,600, Bajra 1,200-1,205, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,600-1,605, Barley 1,585-1,590.