Wheat rises on increased offtake
Traders said rise in wheat prices was mostly due to increased offtake by flour millers, but higher supplies in the mandies limited the gains.
By PTI |
NEW DELHI: Wheat prices strengthened by Rs 10 per quintal at the wholesale market here today on increased offtake by flour mills.
Traders said rise in wheat prices was mostly due to increased offtake by flour millers, but higher supplies from new crop in the mandies limited the gains.
Prices of other grains held steady on lack of worthwhile buying activity.
Wheat dara (for mills) strengthened by Rs 10 to Rs 1,510-1,555 per quintal. Atta chakki delivery traded higher by the same margin to Rs 1,515-1520 per 90 kg.
Traders said rise in wheat prices was mostly due to increased offtake by flour millers, but higher supplies from new crop in the mandies limited the gains.
Prices of other grains held steady on lack of worthwhile buying activity.
Wheat dara (for mills) strengthened by Rs 10 to Rs 1,510-1,555 per quintal. Atta chakki delivery traded higher by the same margin to Rs 1,515-1520 per 90 kg.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Man uses wheat flour to look like Nvidia's Jensen Huang and now has thousands of followers on social mediaADVERTISEMENT
