Wheat regains strength on tight supply

Wheat prices recovered by Rs 10 per quintal at the wholesale grains market today on increased offtake by flour mills against slowdown in arrivals from producing belts.
However, rice basmati eased on lack of buying support against sufficient supplies from producing belts.
Traders said increased offtake by flour mills amid fall in arrivals from producing belts mainly led the recovery in wheat prices.
In the national capital, wheat dara (for mills) recovered by Rs 10 to Rs 1,520-1,525 per quintal. Atta chakki delivery followed suit and went up by Rs 20 to Rs 1,540-1,545 per 90 kg.
In the rice section, rice basmati common and Pusa-1121 variety dropped to Rs 5,400-5,600 and Rs 4,200-5,300 from previous levels of Rs 5,600-5,800 and Rs 4,500-5,600 per quintal, respectively.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,150-2,530, Wheat dara (for mills) 1,520-1,525, Chakki atta (delivery) 1,540-1,545, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 840-850 (50 kg), Maida 870-880 (50 kg) and Sooji 980-1,000 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,400-5,600, Rice Pusa (1121) 4,200-5,300, Permal raw 1,750-1,800, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,240-1,245, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,300-1,325, Barley 1,340-1,345.