Wheat prices gain traction on demand surge

NEW DELHI, June 6:  Wheat prices strengthened by Rs 5 per quintal at an otherwise steady wholesale grains market today on increased demand from flour mills.
Traders said increased demand from flour mills against tight supplies from producing belts mainly kept wheat prices higher.
In the national capital, wheat dara (for mills) advanced by Rs 5 to Rs 1,510-1,515 per quintal.Atta chakki delivery followed suit and enquired higher by a similar margin to Rs 1,540-1,545 per 90 kg.
Following are today’s quotations (in Rs per quintal):
Wheat MP (desi) 2,300-2,650, Wheat dara (for mills) 1,510-1,515, Chakki atta (delivery) 1,540-1,545, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 820-830 (50 kg), Maida 840-850 (50 kg) and Sooji 940-950 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 4,900-5,100, Rice Pusa (1121) 3,900-4,900, Permal raw 1,750-1,800, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,220-1,225, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,250-1,255, Barley 1,280-1,290. (PTI)