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Wheat, maize strengthen on tight supply, better demand

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Press Trust of India New Delhi
Wheat prices strengthened by Rs 15 per quintal at the wholesale grains market today following tight stocks position on fall in arrivals from producing regions against increased off-take by flour mills.

Maize also traded higher on strong demand from consuming industries.

Traders said increased off-take by flour mills in the face of tight stocks position on fall in supplies from producing belts kept wheat prices higher.

In the national capital, wheat dara (for mills) and wheat MP (desi) advanced by Rs 15 each to Rs 1,820-1,825 and Rs 2,285-2,835 per quintal respectively. Atta chakki delivery followed suit and moved higher by a similar margin to Rs 1,830-1,835 per 90 kg.
 

Atta flour mills also edged up by Rs 10 to Rs 960-970 per 50 kg.

Other bold grains like, maize rose by Rs 30 to Rs 1,600-1,610 per quintal. Bajra and barley too settled higher at Rs 1,660-1,670 and Rs 1,680-1,685 as compared to last levels of Rs 1,640-1,645 and Rs 1,670-1,675 per quintal respectively.

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

Wheat MP (desi) Rs 2,285-2,835, Wheat dara (for mills) Rs 1,820-1,825, Chakki atta (delivery) Rs 1,830-1,835, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 970-980 (50 kg), Maida Rs 1,020-1,030 (50 kg) and Sooji Rs 1,070-1,080 (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 5,800-6,000, Rice Pusa (1121) Rs 4,700-5,650, Permal raw Rs 2,000-2,050, Permal wand Rs 2,175-2,250, Sela Rs 3,000-3,050 and Rice IR-8 Rs 1,870-1,880, Bajra Rs 1,660-1,670, Jowar yellow Rs 1,850-1,950, white Rs 3,500-3,600, Maize Rs 1,600-1,610, Barley Rs 1,680-1,685.

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First Published: Jun 21 2016 | 2:57 PM IST

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