Wheat rises on increased offtake by flour mills
Wheat prices firmed up by Rs 20 per quintal at the wholesale grains market today due to increased offtake by flour mills.
However, other grains moved in a narrow range in scattered deals and pegged at last levels.
Traders attributed the rise in wheat prices to pick up in demand from flour mills against restricted supplies from producing regions.
The government yesterday doubled the import duty on wheat to 20 per cent to curb cheap shipments and give positive price signal to farmers in the ongoing Rabi season, also influenced wheat prices, they said.
In the national capital, Wheat dara (for mills) went up by Rs 20 to Rs 1,840-1,845 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,845-1,850 per 90 kg.
Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,145-2,350, Wheat dara (for mills) Rs 1,840-1,845, Chakki atta (delivery) Rs 1,845-1,850, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 980-990 (50 kg), Maida Rs 1,025-1,030 (50 kg)and Sooji Rs 1,060-1,080 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,800-7,900, Rice Pusa (1121) Rs 6,300-6,400, Permal raw Rs 2,250-2300, Permal wand Rs 2,300-2,350, Sela Rs 2,500-2,700 and Rice IR-8 Rs 1,900-1,925, Bajra Rs 1,160-1,165, Jowar yellow Rs 1,350-1,400, white Rs 2,700-2,800, Maize Rs 1,300- 1,305, Barley Rs 1,520-1,530.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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