Grains: In restricted activity, prices of rice basmati


and wheat firmed up at the wholesale grains market following increased offtake by stockists and retailers to meet demand against tight stocks position on fall in supplies from producing regions.

Bajra and maize prices also moved up on pick up in demand from consuming industries.

Trading activity remained restricted as market was closed on Thursday for the Republic Day.

Marketmen said pick up in domestic as well as exports demand amid restricted supplies from producing regions mainly pushed up rice basmati prices.

They said increased offtake by flour mills against fall in arrivals from producing belts kept wheat prices higher.

In the national capital, rice basmati common and Pusa-1121 variety climbed to Rs 7,000-7,100 and Rs 5,700-6,900 as compared to last week’s close of Rs 6,400-6,500 and Rs 5,100-6,300 per quintal, respectively.

Wheat MP (desi) and wheat dara (for mills) also edged up to Rs 2,800-3,100 and Rs 2,060-2,070 from previous levels of Rs 2,750-3,050 and Rs 2,000-2,010 per quintal, respectively.

Atta chakki delivery followed suit and traded higher at Rs 2,080-2,110 from previous level of Rs 2,020-2,050 per 90 kg.

Other bold grains like bajra and maize too settled higher at Rs 1,460-1,500 and Rs 1,610-1,620 from previous levels of Rs 1,430-1,470 and Rs 1,600-1,610 per quintal, respectively.