Wheat strengthens on increased offtake, tight supply

Wheat prices strengthened by Rs 30 per quintal on the wholesale grains market today on increased offtake by flour mills and stockists against tight supplies.
Traders said increased offtake BY flour mills and stockists against tight supplies mainly influenced wheat prices.
In the national capital, wheat dara (for mills) and (deshi) rose further by Rs 30 each to Rs 1,690-1,695 and Rs 2,130-2,330 per quintal, respectively. Atta chakki delivery followed suit and traded higher by the same margin to Rs 1,695-1,700 per 90 kg.
Atta flour mills and maida gained Rs 10 each to Rs 885-895 and Rs 975-985 per 50 kg, respectively.

The following were today's quotations per quintal:
Wheat MP (deshi) 2,130-2,330, Wheat dara (for mills) 1,690-1,695, Chakki atta (delivery) 1,695-1,700 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 885-895 (50 kg), Maida 975-985 (50 kg) and Sooji 1,030-1,050 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,600-9,000, Rice Pusa-(1121) new 7,650-9,400, Permal raw 2,150-2,250, Permal wand 2,250-2,300, Sela 2,800-2,900 and Rice IR-8- 1,850-1,900, Bajra 1,280-1,285, Jowar yellow 1,470-1,500, white 2,275-2,300, Maize 1,475-1,480, Barley 1,450-1,460, Rajasthan 1,080-1,090.