Wheat recovers on mild offtake

In restricted activity, wheat prices edged up by Rs 5 per quintal at the wholesale grains market today on mild demand from flour mills.

However, other grains including rice basmati held steady in thin trade.

Traders said, besides scattered demand from flour mills, fall in supplies from producing belts mainly led to rise in wheat prices.

In the national capital, wheat dara (for mills) inched up by Rs 5 to Rs 1,750-1,755 per quintal. Atta chakki delivery followed suit and traded higher by Rs 10 to Rs 1,760-1,765 per 90 kg.

Following are today's quotations (in Rs per quintal):
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,900, Basmati common new Rs 7,300-7,400, Rice Pusa (1121) Rs 6,550-6,650, Permal raw Rs 2,425-2,450, Permal wand Rs 2,525-2,575, Sela Rs 3,050-3,150 and Rice IR-8 Rs 2,025-2,075, Bajra Rs 1,230-1,235,