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Wheat strengthens on flour mills buying

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Press Trust of India New Delhi
Last Updated : May 09 2014 | 3:14 PM IST
Wheat prices strengthened by Rs 5 per quintal on the wholesale grains market today on increased buying by flour mills to meet the demand from flour mills and bakeries.
However, other grains including rice continued to move in a tight range on scattered support and settled around previous levels.
Traders said increased buying by bakers and flour mills to meet ongoing marriage season demand mainly pushed up wheat prices.
In the national capital, wheat deshi and wheat dara (for mills) rose further by Rs 5 each to Rs 2,155-2,355 and Rs 1,550-1,555 per quintal respectively.Atta chakki delivery traded higher by the same margin to Rs 1,555-1,560 per 90 kg.
The following were today's quotations per quintal:
Wheat, MP (deshi) 2,155-2,355, Wheat dara (for mills) 1,550-1,555, Chakki atta (delivery) 1,555-1,560 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 830-850 (50 kg), Maida 840-850 (50 kg) and Sooji 915-930 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,800-9,200, Rice Pusa-(1121) new 7,600-9,200, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,750-2,850 and Rice IR-8- 1,800-1,850, Bajra 1,315-1,320, Jowar yellow 1,500-1,525, white 2,350-2,550, Maize 1,330-1,340, Barley 1,350-1,360, Rajasthan 1,080-1,090.

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First Published: May 09 2014 | 3:14 PM IST

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