Wheat edges up on flour mills offtake, tight supply

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Press Trust of India New Delhi
Last Updated : Jun 10 2016 | 2:57 PM IST
Wheat prices edged higher by Rs 5 per quintal at the wholesale grains market today due to increased offtake by flour mills against tight stocks on fall in arrivals from producing belts.
Bajra and maize were also in demand from consuming industries.
Traders said increased offtake by flour mills against tight stocks position on fall in supplies from producing regions mainly led to the rise in wheat prices.
In the national capital, wheat dara (for mills) inched up by Rs 5 to Rs 1,775-1,780 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,785-1,790 per 90 kg.
Other bold grains like bajra and maize were also seen in demand and gained Rs 10 each to Rs 1,640-1,645 and Rs 1,470-1,480 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,250-2,800, Wheat dara (for mills) Rs 1,775-1,780, Chakki atta (delivery) Rs 1,785-1,790, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 950-960 (50 kg), Maida Rs 990-1,000 (50 kg) and Sooji Rs 1,050-1,065 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,700-5,900, Rice Pusa (1121) Rs 4,600-5,500, Permal raw Rs 1,975-2,025, Permal wand Rs 2,150-2,225, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,640-1,645, Jowar yellow Rs 1,850-1,950, white Rs 3,500-3,600, Maize Rs 1,470-1,480, Barley Rs 1,670-1,675.
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First Published: Jun 10 2016 | 2:57 PM IST

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