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Some good domestic demand pushed dara prices marginally up while desi wheat varieties continued to rule flat on Tuesday.
After witnessing some correction last weekend, dara has shown some recovery following good domestic demand of flour, said Mr Subhash Chander, a wheat trader.
In the physical market, dara prices increased marginally by Rs 5 a quintal and ruled between Rs 1,165-1,175 a quintal. Around 50 tonnes of dara variety arrived from Uttar Pradesh and stocks were directly offloaded at the mills. Mill delivery was at Rs 1,165-1,170 a quintal while delivery at chakki was at Rs 1,175.
On the other hand, desi wheat varieties remained unchanged following restricted trading in the market. Samrat quoted at Rs 1,900-1,950, Lal Quila at Rs 1,850 and Lok-1 was at Rs 1,860 a quintal.
On the National Commodity and Derivatives Exchange, wheat for December delivery increased by Rs 2 to Rs 1,209 a quintal, it had touched a high at Rs 1,214 a quintal earlier on Tuesday. At the MCX, wheat for January delivery rose by Rs 34.9 and was at Rs 1,198.8 a quintal.
Following upward move in wheat, flour prices went up Rs 5-10 for a 90 kg bag and quoted at Rs 1,175-1,180 for a 90 kg bag while branded flour such as Lal Quila and Ashirwad were ruling around Rs 155 and Rs 210 for a 10 kg bag, respectively.
On the other hand, Chokar prices eased by Rs 10 and sold at Rs 650-660 for a 49 kg bag. Easy of availability of green fodder pulled chokar down.
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