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Wheat Prices Gain In Kanpur On Bangladeshi Demand, But Slip In MP

17 Nov 2020 4:33 pm
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NEW DELHI (Commodities control) Mixed trend was noticed in wheat market in various markets of the country. Mill quality wheat fell down in Bhopal and Indore due to poor offtake after Diwali. However, the prices gained in Kanpur and other eastern states due to export demand for Bangladesh. The prices steadied in other markets.



Mill quality Wheat prices lost Rs. 40 per quintal to Rs. 1600-1620 per quintal in Indore. The prices again breached lower mark of Rs. 1500 per quintal in Bhopal. It settled at Rs. 1475-1500 per quintal with lost of Rs. 25 per quintal. However, Wheat gained Rs. 20 to Rs. 1700-1710 per quintal in Kanpur. According to market sources, strong buying from exporters pushed prices. The exporters have to supply the grain to Bangladesh.


Commodity

Type/Variety

17-Nov

Pre. Closing

Change

Delhi

Wheat

Mill quality

1850-1860

1850-1860

0

Kota, Rajasthan

Wheat

Mill quality

1620-1650

1620-1650

0

Wheat

Duplicate Sharbati

1675-1725

1675-1725

0

Wheat

PD

1625-1675

1625-1675

0

Bundi, Rajasthan

Wheat

Mill quality

1610-1640

1610-1640

0

Wheat

Duplicate Sharbati

1675-1700

1675-1700

0

Wheat

PD

1625-1675

1625-1675

0

Baran, Rajasthan

Wheat

Mill quality

1610-1635

1610-1635

0

Wheat

Duplicate Sharbati

1675-1750

1675-1750

0

Rajkot, Gujarat

Wheat

Mill quality

1700-1720

1700-1720

0

Indore, (M. P.) Bilty

Wheat

Mill quality

1600-1620

1640-1650

-40

Bhopal (M. P.) Loose

Wheat

Mill quality

1475-1500

1500-1525

-25

Kanpur (U.P.)

Wheat

Mill quality

1700-1710

1680-1690

20

Bareilly (UP)

Wheat

Mill quality

1700-1725

1700-1725

0

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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