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Rice basmati, wheat rise on increased buying

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Press Trust of India New Delhi
Last Updated : May 24 2018 | 2:25 PM IST

Prices of rice basmati and wheat rose by up to Rs 100 per quintal at the wholesale grains market today on increased buying against restricted supplies from producing regions.

Traders said besides the uptick in demand from rice mills, fall in arrivals from producing belts led to increased rice basmati prices.

Increased offtake by flour mills also helped wheat prices trade higher, they said.

In the national capital, rice basmati common and Pusa-1121 variety rose by Rs 100 each to Rs 7,300-7,400 and Rs 6,600-6,700 per quintal, respectively.

Wheat dara (for mills) also edged up by Rs 10 to Rs 1,750-1,755 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,755-1,760 per 90 kg.

Following are today's quotations (in Rs per quintal):

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First Published: May 24 2018 | 2:25 PM IST

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