Wheat remains up on increased offtake

Firm conditions prevailed at the wholesale grains market today as prices of wheat and rice basmati ended higher on increased offtake by flour mills and stockists against restricted supplies.
Traders said besides increased offtake by flour mills, fall in supplies from producing belts mainly kept wheat prices higher.
They said stockists buying due to pick up in demand from retailers led to rise in rice basmati prices.
In the national capital, wheat dara advanced by Rs 30 to Rs 1,765-1,770 per quintal. Atta chakki delivery followed suit and enquired higher by a similar margin to Rs 1,770-1,775 per 90 kg.

Atta flour mills and sooji too finished higher at Rs 950-960 and Rs 1,050-1,060 as compared to previous levels of Rs 930-940 and Rs 1,035-1,050 per 50 kg respectively in line with firming trend in wheat.
In the rice section, rice basmati common and Pusa-1121 variety edged up to Rs 5,900-6,100 and Rs 4,850-5,800 from previous close of Rs 5,700-5,900 and Rs 4,600-5,500 per quintal, respectively.

Non-basmati rice permal raw, wand, sela and IR-8 followed suit and closed higher at Rs 1,975-2,025, Rs 2,150-2,225,Rs 2,800-2,900 and Rs 1,840-1,850 against last close of Rs 1,925-1,975,Rs 2,100-2,150, Rs 2,600-2,700 and Rs 1,800-1,825 per quintal respectively.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,360-2,600, Wheat dara (for mills) Rs 1,765-1,770, Chakki atta (delivery) Rs 1,770-1,775, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 950-960 (50 kg), Maida Rs 990-1,000 (50 kg) and Sooji Rs 1,035-1,050 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,900-6,100, Rice Pusa (1121) Rs 4,850-5,800, Permal raw Rs 1,975-2,025, Permal wand Rs 2,150-2,225, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,630-1,635, Jowar yellow Rs 1,850-1,950, white Rs 3,500-3,600, Maize Rs 1,500-1,510, Barley Rs 1,640-1,645.