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Flour mills buying lifts wheat prices

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Press Trust of India New Delhi
Last Updated : Aug 25 2015 | 3:22 PM IST
Wheat rose by Rs 15 per quintal at the wholesale grains market today due to increased offtake by flour mills to meet rising demand.
Maize and barley also traded higher, supported by pickup in demand from consuming industries.
However, rice basmati and non-basmati traded lower on sluggish demand against sufficient stocks.
Traders said increased offtake by flour mills in the face of restricted supplies from producing belts mainly led to rise in wheat prices.
In the national capital, wheat dara (for mills) rose by Rs 15 to Rs 1,605-1,610 per quintal. Atta chakki delivery followed suit and traded higher at Rs 1,615-1,620 from previous level of Rs 1,605-1,610 per 90 kg.
Atta flour mills, maida and sooji also settled higher at Rs 850-860,920-930 and Rs 1,050-1,060 as compared to previous levels of Rs 840-850, Rs 910-920 and Rs 1,030-1,040 per 50 kg, respectively.

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Other bold grains like, maize and barley were up by Rs 30 each to Rs 1,380-1,385 and Rs 1,280-1,290 per quintal respectively.
In the rice section, rice basmati common and Pusa-1121 variety slipped to Rs 5,300-5,500 and Rs 4,100-5,400 from last close of Rs 5,400-5,700 and Rs 4,200-5,500 per quintal, respectively.
Non-basmati rice permal raw, wand, sela and IR-8 also eased to Rs 1,675-1,725, Rs 1,840-1,860, Rs 2,250-2,350 and Rs 1,600-1,610 from previous closing of Rs 1,700-1,750, Rs 1,900-1,925, Rs 2,300-2,400 and Rs 1,600-1,625 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,605-1,610, Chakki atta (delivery) 1,615-1,620, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 850-860 (50 kg), Maida 920-930 (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 5,300-5,500, Rice Pusa (1121) 4,100-5,400, 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 1,190-1,195, Jowar yellow 1,600-1,700, white 3,000-3,100, Maize 1,380-1,385, Barley 1,280-1,290.

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First Published: Aug 25 2015 | 3:22 PM IST

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