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Wheat rises on increased offtake

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Press Trust of India New Delhi
Wheat prices edged higher by Rs 15 per quintal at the wholesale grains market today due to increased offtake by flour mills against tight supply.

However, other grains including rice basmati held steady in thin trade.

Traders said increased offtake by flour mills against tight supplies from producing regions mainly kept wheat prices higher.

In the national capital, wheat dara (for mills) advanced by Rs 15 to Rs 1,815-1,820 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,820-1,825 per 90 kg.

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

Wheat MP (desi) Rs 2,300-2,835, Wheat dara (for mills) Rs 1,815-1,820, Chakki atta (delivery) Rs 1,820-1,825, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 970-980 (50 kg), Maida Rs 1,060-1,070 (50 kg) and Sooji Rs 1,090-1,100 (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 5,100-5,300, Rice Pusa (1121) Rs 4,275-5,050, Permal raw Rs 2,000-2,050, Permal wand Rs 2,175-2,250, Sela Rs 2,850-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,470-1,475, Jowar yellow Rs 1,900-2,000, white Rs 3,550-3,700, Maize Rs 1,540-1,545, Barley Rs 1,500-1,505.

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First Published: Aug 24 2016 | 2:48 PM IST

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