Wheat rises on fall in supply

Wheat prices edged higher by Rs 20 per quintal at the wholesale grain market today on increased offtake by flour mills against fall in supplies from producing belts.
However, rice basmati eased on adequate stocks position against sluggish demand.
Traders said besides increased demand from flour mills, fall in supplies from producing regions mainly attributed the rise in wheat prices.
In the national capital, wheat dara (for mills) rose by Rs 20 to Rs 1,620-1,625 per quintal. Atta chakki delivery followed suit and edged up to Rs 1,630-1,635 from previous level of Rs 1,610-1,615 per 90 kg.
Atta flour mills and maida also traded higher at Rs 870-875 and Rs 950-955 as compared to previous levels of Rs 850-860 and Rs 920-930 per 50 kg respectively.

On the other hand, in the rice section, rice basmati common and Pusa-1121 variety eased by Rs 100 each to Rs 5,200-5,400 and Rs 4,000-5,300 per quintal respectively.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,620-1,625, Chakki atta (delivery) 1,630-1,635, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 870-875 (50 kg), Maida 950-955 (50 kg) and Sooji 1,050-1,060 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,200-5,400, Rice Pusa (1121) 4,000-5,300, Permal raw 1,675-1,725, Permal wand 1,840-1,860, Sela 2,250-2,350 and Rice IR-8 1,600-1,616, Bajra 1,330-1,335, Jowar yellow 1,600-1,700, white 3,000-3,100, Maize 1,450-1,455, Barley 1,330-1,340.