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Wheat prices firm on increased mill buying

16 Aug 2022 7:27 pm
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New Delhi, August 16 (Commoditiescontrol) Wheat prices were firm in the major markets of producing states and consumption centres as well on Tuesday.


Prices of wheat rose Rs 25-50 per quintal in most of the markets today as the flour millers raised their demand while availability of wheat in the markets were low. Wheat prices increased as demand exceeded supply, a trader said. After four consecutive days of holidays, the availability of wheat in the physical markets decreased while requirements of flour millers increased.


Meanwhile, govt is likely to remove a 40% duty on the import of wheat in a bid to increase the supply as south Indian buyers are exploring opportunity of sourcing wheat from overseas market. However, trade analysts are of the views that since, wheat prices are considerably high in the global market, there is little chance of its imports at current level.

State

Mandi

Sub_Var1

Min

Max

Prev_Min

Prev_Max

Change

Delhi

Delhi

Rajasthan Line

2510

2510

2485

2485

25

Delhi

Delhi

Madhya Pradesh Line

2490

2490

2465

2465

25

Madhya Pradesh

Indore

Mill Quality

2200

2250

2200

2200

50

Madhya Pradesh

Indore

Lokwan (Best)

2350

2550

2400

2600

-50

Madhya Pradesh

Indore

Durum

2150

2150

2200

2200

-50

Madhya Pradesh

Katni

Mill Quality

2250

2310

2200

2250

60

Uttar Pradesh

Bareilly

Mill Quality

2360

2370

2315

2320

50

Rajasthan

Kota

Mill Quality

2175

2200

2100

2175

25

Rajasthan

Kota

Tukdi

2220

2250

2175

2200

50

Rajasthan

Bundi

Mill Quality

2175

2200

2100

2175

25

Rajasthan

Bundi

Tukdi

2220

2250

2175

2200

50

Rajasthan

Bharatpur

Mill Quality

2250

2250

2250

2250

0

Madhya Pradesh

Dewas

Mill Quality

2080

2250

2060

2200

50

Madhya Pradesh

Dewas

Lokvan

2300

2450

2200

2450

0

Rajasthan

Baran

Mill Quality

2175

2200

2100

2175

25

Rajasthan

Baran

Tukdi

2220

2250

2175

2200

50

Madhya Pradesh

Sehore

Mill Quality

2300

2325

2275

2300

25

Madhya Pradesh

Sehore

Lokvan

2350

2500

2350

2500

0

Madhya Pradesh

Sehore

Tukdi

2280

2400

2300

2350

50

Madhya Pradesh

Sehore

Durum

2080

2125

2075

2100

25

Bihar

Begusarai

Mill Quality

2450

2450

2500

2500

-50

Bihar

Begusarai

Ex-Warehouse

2550

2550

2550

2550

0

(By Commodities control Bureau; +91 9820130172)


       
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