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Wheat prices rises on increased offtake by flour mills

Wheat prices firmed up by Rs 40 per quintal at the wholesale grains market today due to increased offtake by flour mills amid pause in arrivals from producing belts.


PTI Last Updated at 28 Jul 2018, 14:07 IST India
Wheat prices rises on increased offtake by flour mills
  • Traders said increased offtake by flour mills against restricted supplies from producing belts, mainly pushed up wheat prices. (Pexels)

Wheat prices firmed up by Rs 40 per quintal at the wholesale grains market today due to increased offtake by flour mills amid a pause in arrivals from producing belts.

Bajra also traded higher on pick-up in demand from consuming industries.

Traders said increased offtake by flour mills against restricted supplies from producing belts, mainly pushed up wheat prices.

In the national capital, wheat MP (desi) and wheat dara (for mills) rose by Rs 40 each to Rs 2,300-2,400 and Rs 1,990-1,995 per quintal, respectively.

Atta chakki delivery followed suit and traded higher by a similar margin to Rs 2000-2005 per 90 kg. Atta flour mills edged up by Rs 10 to Rs 1,170-1,190 per 50 kg. Maida and sooji went up by Rs 50 and Rs 20 Rs 1,170-1,180 and Rs 1,200-1,210 per 50 kg.

Bajra moved up by Rs 50 to Rs 1,430-1,435 per quintal.

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

Wheat MP (desi) Rs 2,300-2,400, Wheat dara (for mills) Rs 1,990-1,995, Atta Chakki(delivery) Rs 2,000-2,005, Atta Rajdhani (10 kg) Rs 250-280, Shakti Bhog (10 kg) Rs 275-310, Roller flour mill Rs 1,070-1,090 (50 kg), Maida Rs 1,170-1,180 (50 kg) and Sooji Rs 1,200-1,210 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati rice Rs 9,900, Basmati common new Rs 7,200-7,300, Rice Pusa (1121) Rs 6,600-6,700, Permal raw Rs 2,425-2,450, Permal wand Rs 2,525-2,575, Sela Rs 3,050-3,150 and rice IR-8 Rs 2,025-2,075,

Bajra Rs 1,430-1,435, Jowar yellow Rs 1,800-1,850, white Rs 2,950-3,050, Maize Rs 1,300-1,305, Barley Rs 1,590-1,600.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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