Wheat, rice basmati up on increased offtake, tight stocks

Wheat traded higher by Rs 10 per quintal at the wholesale grains market today due to increased offtake by flour mills.
Rice basmati also hardened on pick up in stockists buying against restricted supplies from producing regions.
Traders said increased offtake by flour mills to meet rising demand led to the rise in wheat prices.
In the national capital, wheat dara (for mills) gained another Rs 10 to Rs 1,635-1,640 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,640-1,645 per 90 kg.
Atta flour mills, maida and sooji were also seen in some demand and settled higher at Rs 860-870, Rs 950-970 and Rs 1,030-1,040 from previous levels of Rs 850-860, Rs 930-940 and Rs 1,010-1,025 per 50 kg, respectively.

Rice basmati common and Pusa-1121 variety too ended higher at Rs 6,000-6,100 and Rs 4,800-5,800 against last close of Rs 5,900-6,000 and Rs 4,650-5,700 per quintal, respectively.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 1,850-2,100, Wheat dara (for mills) Rs 1,635-1,640, Chakki atta (delivery) Rs 1,640-1,645, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 860-870 (50 kg), Maida Rs 950-970 (50 kg) and Sooji Rs 1,030-1,040 (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 6,000-6,100, Rice Pusa (1121) Rs 4,800-5,800, Permal raw Rs 1,900-1,950, Permal wand Rs 2,075-2,125, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,775-1,800, Bajra Rs 1,615-1,620, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,370-1,380, Barley Rs 1,500-1,505.