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Wheat, rice basmati strengthen on rising demand

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Press Trust of India New Delhi
Prices of wheat and rice basmati strengthened by up to Rs 100 per quintal at the wholesale grains market today on rising demand.

However, other bold grains held steady in thin trade.

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

Persistent buying by stockists due to pick up in demand against restricted arrivals from producing belts pushed up rice basmati prices, they said.

In the national capital, wheat (desi) and wheat dara (for mills) advanced by Rs 10 each to Rs 2,125-2,370 and Rs 1,750- 1,755 per quintal, respectively. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,755-1,760 per 90 kg.
 

In the rice section, rice basmati common and Pusa-1121 variety also rose further by Rs 100 each to Rs 7,600-7,700 and Rs 6,200-7,000 per quintal, respectively.

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

Wheat MP (desi) Rs 2,125-2,370, Wheat dara (for mills) Rs 1,750-1,755, Chakki atta (delivery) Rs 1,755-1,760, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 950-960 (50 kg), Maida Rs 955-965 (50 kg) and Sooji Rs 1,030-1,040 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,600-7,700, Rice Pusa (1121) Rs 6,200-7,000, Permal raw Rs 2,250-2,275, Permal wand Rs 2,300-2,350, Sela Rs 2,700-2,800 and Rice IR-8 Rs 1,875-2,000, Bajra Rs 1,350-1,360, Jowar yellow Rs 1600-1650, white Rs 3,300-3,500, Maize Rs 1,450-1,460, Barley Rs 1,550-1,570.

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First Published: May 13 2017 | 2:02 PM IST

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