Wheat strengthens on increased offtake by flour mills

NEW DELHI, July 2:  Wheat prices advanced by Rs 20 per quintal at the wholesale grains market today due to increased offtake by flour mills against tight supplies from producing regions.
However, other grains held steady in thin trade.
Traders said increased offtake by flour mills against tight stocks on restricted arrivals from producing regions mainly kept wheat prices higher.
In the national capital, wheat dara (for Mills) rose by another Rs 20 Rs 1,810-1,815 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,815-1,820 per 90 kg.
Following are today’s quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,300-2,850, Wheat dara (for mills) Rs 1,810-1,815, Chakki atta (delivery) Rs 1,815-1,820, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 930-960 (50 kg), Maida Rs 990-1,000 (50 kg) and Sooji Rs 1,060-1,070 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,800-6,000, Rice Pusa (1121) Rs 4,700-5,650, Permal raw Rs 2,000-2,050, Permal wand Rs 2,175-2,250, Sela Rs 3,000-3,050 and Rice IR-8 Rs 1,870-1,880, Bajra Rs 1,660-1,670, Jowar yellow Rs 1,900-2,000, white Rs 3,500-3,600, Maize Rs 1,650-1,660, Barley Rs 1,680-1,685. (PTI)