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Wheat, rice strengthen as demand picks up

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Press Trust of India New Delhi
Firm conditions prevailed at the wholesale grains market today as select grains led by wheat and basmati rice firmed up on demand against restricted supplies from producing regions.

Traders said besides rising demand, tight stocks position on fall in supplies from producing regions mainly attributed to the rise in wheat, basmati rice and other grain prices.

In the national capital, wheat MP (desi) and wheat dara (for mills) rose by Rs 20 each to Rs 2,270-2,820 and Rs 1,800-1,805 per quintal, respectively. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,810-1,815 per 90 kg.
 

Atta flour mills, maida and sooji also quoted higher at Rs 960-970, Rs 1,020-1,030 and Rs 1,070-1,080 from previous levels of Rs 950-960, Rs 990-1,000 and Rs 1,050-1,065 per 50 kg, respectively.

Basmati rice common and Pusa-1121 variety advanced to Rs 5,750-5,950 and Rs 4,675-5,600 from previous close of Rs 5,700-5,900 and Rs 4,600-5,500 per quintal, respectively.

Other bold grains like maize too rose by Rs 20 to Rs 1,540-1,550 per quintal.

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

Wheat MP (desi) Rs 2,270-2,820, Wheat dara (for mills) Rs 1,800-1,805, Chakki atta (delivery) Rs 1,810-1,815, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 960-970 (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 5,750-5,950, Rice Pusa (1121) Rs 4,675-5,600, Permal raw Rs 1,975-2,025, Permal wand Rs 2,150-2,225, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,630-1,635, Jowar yellow Rs 1,850-1,950, white Rs 3,500-3,600, Maize Rs 1,540-1,550, Barley Rs 1,670-1,675.

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First Published: Jun 16 2016 | 3:07 PM IST

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