Wheat strengthens on tight supply

Wheat prices continued to rise at the wholesale grains market today and rose by another Rs 10 per quintal on the back of increased offtake by flour mills against fall in arrivals from producing belts.
However, other grains after moving in a narrow range in scattered deals settled at last levels.
Traders attributed persistent rise in wheat prices to pickup in demand from flour mills against decline in arrivals from producing areas.
In the national capital, wheat dara added Rs 10 to Rs 1,585-1,590 per quintal. Wheat MP (deshi) also inched up by Rs 5 to Rs 2,350-2,700 per quintal.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,585-1,590, Chakki atta (delivery) 1,590-1,595, Atta Rajdhani 10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 850-860 (50 kg), Maida 910-930 (50 kg) and Sooji 1,020-1,040 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 4,900-5,100, Rice Pusa (1121) 3,800-4,900, Permal raw 1,700-1,750, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,200-1,205, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,225-1,230, Barley 1,280-1,290.