Wheat, rice basmati strengthen on increased offtake

Prices of Wheat and rice basmati rose by up to Rs 100 per quintal at the wholesale grains market today due to increased offtake.

Bajra and maize also ended higher on pick up in demand from consuming industries.

Traders said increased offtake by flour mills mainly kept wheat prices higher.

Uptick in demand from retailers helped rice basmati prices to trade higher, they said.

In the national capital, wheat dara (for mills)and wheat (deshi) moved up by Rs 50 each to Rs 2,060-2,070 and Rs 2,800-3,100 per quintal respectively. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 2,080-2,110 per 90 kg.
 

In the rice section, rice basmati common and Pusa-1121 variety also went up by Rs 100 each to Rs 7,000-7,100 and Rs 5,700-6,900 per quintal respectively.

Other bold grains like, bajra and maize too ended higher by Rs 20 and Rs 10 to Rs 1,460-1,500 and Rs 1,610-1,620 per quintal respectively.

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

Wheat MP (desi) Rs 2,800-3,100, Wheat dara (for mills) Rs 2,060-2,070, Chakki atta (delivery) Rs 2,080-2,110, Atta Rajdhani (10 kg) Rs 285, Shakti Bhog (10 kg) Rs 285, Roller flour mill Rs 1,140-1,150 (50 kg), Maida Rs 1,200-1,210 (50 kg)and Sooji Rs 1,270-1,275 (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 7,000-7,100, Rice Pusa (1121) Rs 5,700-6,900, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,460-1,500, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,610-1,620, Barley Rs 1,800-1,820.