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Wheat, barley rise on increased offtake

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Press Trust of India New Delhi
Prices of wheat and barley rose upto Rs 25 per quintal at the wholesale grains market today on increased offtake by flour mills and stockists.

However, rice basmati met with resistance at existing higher levels and ended lower.

Traders said increased offtake by flour mills led to the rise in wheat prices.

In the national capital, wheat dara (for mills) rose by Rs 15 to Rs 1,575-1,580 per quintal. Atta chakki delivery followed suit and traded higher by the same margin to Rs 1,580-1,585 per 90 kg.

Atta flour mills and maida also traded higher at Rs 835-840 and Rs 940-950 from previous levels of Rs 830-840 and Rs 935-945 per 50 kg respectively.
 

Barley also seen in demand and gained Rs 25 to Rs 1,350-1,355 per quintal.

On the other hand, rice basmati common and Pusa-1121 variety remained weak at Rs 9,200-10,300 and Rs 7,500-10,500 against last close of Rs 9,400-10,500 and Rs 7,800-10,800 per quintal, respectively on falling demand.

Following are today's quotations (in Rs per quintal):

Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,575-1,580, Chakki atta (delivery) 1,580-1,585, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 835-840 (50 kg), Maida 940-950 (50 kg) and Sooji 990-1,000 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 9,400-10,500, Rice Pusa- (1121) new 7,800-10,800, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,700-2,800 and Rice IR-8-1,900-1,950, Bajra 1,225-1,230, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,230-1,240, Barley 1,350-1,355.

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First Published: Aug 07 2014 | 2:40 PM IST

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