Wheat maintains upward trend on tight supply

Wheat prices continued to rise for the sixth day by spurting Rs 70 per quintal at the wholesale grains market today on hectic demand from flour mills against tight stocks position on fall in supplies.
However, other grains moved in a narrow range on little doing and pegged at last levels.
Traders said hectic demand from flour mills against tight stocks position following fall in arrivals mainly led to rise in wheat prices.
In the national capital, wheat dara (for mills) and wheat (deshi) surged by Rs 70 each to Rs 2,050-2,055 and Rs 2,490-3,025 per quintal, respectively. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 2,060-2,065 per 90 kg.

Atta flour mills, maida and sooji too finished higher at Rs 1,110-1,120, Rs 1,230-1,240 and Rs 1,300-1,325 against last close of Rs 1,070-1,080,Rs 1,170-1,180 and Rs 1,250-1,260 per 50 kg, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,490-3,025, Wheat dara (for mills) Rs 2,050-2,055, Chakki atta (delivery) Rs 2,060-2,065, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 1,110-1,120 (50 kg), Maida Rs 1,230-1,240 (50 kg)and Sooji Rs 1,300-1,325 (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 5,000-5,100, Rice Pusa (1121) Rs 4,000-4,900, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,330-1,335, Jowar yellow Rs 1,750-1,800, white Rs 3,400-3,600, Maize Rs 1,500-1,510, Barley Rs 1,630-1,635.