Firm conditions prevail at grains market

PTI Updated - November 17, 2017 at 08:25 PM.

Firm conditions prevailed at the wholesale grains market during the week with the prices of wheat and other bold grains rising on increased buying for the ongoing festive and wedding season demand.

Traders said increased offtake by stockists following rise in demand from flour mills driven by ongoing festive and wedding season mainly pushed up wheat prices.

In the national capital, wheat dara (for mills) climbed to Rs 1,620-1,625 from previous the week’s close of Rs 1,570-1,575 per quintal. Atta chakki delivery followed suit and ended higher at Rs 1,625-1,630 against Rs 1,575-1,580 per 90 kg.

Maida and sooji remained steady at Rs 930-950 and Rs 1,020-1,060 per 50 kg, respectively on festive demand.

Other bold grains like bajra shot up by Rs 40 to Rs 1,155-1,165 per quintal. Maize and barley also moved up by Rs 5 and Rs 10 to Rs 1,370-1,380 and Rs 1,315-1,340 per quintal, respectively.

Published on November 3, 2012 06:55