Wheat, rice basmati rises on fresh buying

NEW DELHI: Prices of wheat and rice basmati rose up to Rs 100 per quintal on the wholesale grains market today on increased buying by flour mills and stockists.


However, bajra and maize dropped on lack of demand against adequate stocks position.

Traders said fresh buying by flour mills and stockists mainly led to rise in wheat and rice basmati prices.

In the national capital, wheat dara (for mills) rose by Rs 20 to Rs 1,570-1,575 per quintal. Atta chakki delivery followed suit and traded higher by the same margin to Rs 1,575-1,580 per 90 kg.

Atta flour mills, maida and sooji were also traded higher at Rs 860-880, Rs 920-940 and Rs 960-1,000 from previous levels of Rs 840-870, Rs 900-925 and Rs 940-970 per 50 kg respectively.

In the rice section, rice basmati common and Pusa-1121 variety moved up by Rs 100 each to Rs 7,300-7,400 both per quintal.

On the other hand, bajra and maize fell by Rs 50 each to Rs 1,430-1,440 and Rs 1,415-1,420 per quintal, respectively.

The following were today's quotations per quintal: Wheat MP (deshi) 2,050-2,250, Wheat dara (for mills) 1,570-1,575, Chakki atta (delivery) 1,575-1,580 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 860-880 (50 kg), Maida 920-940 (50 kg) and Sooji 960-1,000 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,300-7,400, Rice Pusa-(1121) new 7,300-7,400, Permal raw 2,250-2,300, Permal wand 2,400-2,500, Sela 3,250-3,300 and Rice IR-8- 1,900-1,950, Bajra 1,430-1,440, Jowar yellow 1,600-1,650, white 2,400-2,650, Maize 1,415-1,420, Barley 1,270-1,275, Rajasthan 1,080-1,090.