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Wheat rises on increased buying

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Press Trust of India New Delhi
Wheat prices rose by Rs 30 per quintal on the wholesale grains market today on increased buying by flour mills and stockists amid reports of a likely fall in output this year.

Traders said increased buying by flour mills and stockists amid reports of a likely fall in output this year due to untimely rains in growing areas mainly pushed up wheat prices.

In the national capital,wheat dara (for mills) and (deshi) rose by Rs 30 each to Rs 1,660-1,665 and Rs 2,100-2,300 per quintal respectively. Atta chakki delivery followed suit and traded higher at Rs 1,665-1,670 from previous level of Rs 1,635-1,640 per 90 kg.
 

Atta flour mills, maida and sooji were also seen in demand and close higher at Rs 875-885, Rs 965-975 and Rs 1030-1050 against last levels of Rs 870-880, Rs 960-970 and Rs 1020-1040 per 50 kg respectively.

The following were today's quotations per quintal:

Wheat MP (deshi) 2,100-2,300, Wheat dara (for mills) 1,660-1,665, Chakki atta (delivery) 1,665-1,670 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 875-885 (50 kg), Maida 965-975 (50 kg) and Sooji 1,030-1,050 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,600-9,000, Rice Pusa-(1121) new 7,650-9,400, Permal raw 2,150-2,250, Permal wand 2,250-2,300, Sela 2,800-2,900 and Rice IR-8- 1,850-1,900, Bajra 1,280-1,285, Jowar yellow 1,470-1,500, white 2,275-2,300, Maize 1,475-1,480, Barley 1,450-1,460, Rajasthan 1,080-1,090.

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First Published: Mar 14 2014 | 3:42 PM IST

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