Wheat strengthens on increased offtake by flour mills

NEW DELHI: Wheat prices strengthened by Rs 5 per quintal in lacklustre trade on the wholesale grains market today on increased offtake from flour mills.


However, other grains moved in a tight range in scattered deals and settled around previous levels.

Traders said increased offtake from flour mills helped wheat prices strengthen.

In the national capital, wheat dara (for mills) advanced by Rs 5 to Rs 1595-1600 per quintal. Atta chakki delivery followed suit and enquired higher by the same margin to Rs 1600-1605 per 90 kg.

The following were today's quotations per quintal: Wheat MP (deshi) 2,050-2,250, Wheat dara (for mills) 1,595-1,600, Chakki atta (delivery) 1,600-1,605 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 850-870 (50 kg), Maida 910-950 (50 kg) and Sooji 950-975 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,500-7,600, Rice Pusa-(1121) new 7,500-8,000, 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 1,475-1,480, Jowar yellow 1,650-1,700, white 2,450-2,700, Maize 1,425-1,435, Barley 1,270-1,275, Rajasthan 1,080-1,090.