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Spot Wheat Raises Gains In Vidisha On Short Arrivals

21 Apr 2017 3:48 pm
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NEW DELHI (Commoditiescontrol) – Wheat prices raised gains in the spot market of Vidisha, a key trading centre of Madhya Pradesh on Friday as arrivals declined while demand was comparatively better from millers and stockiest.

Wheat procurement has gathered pace in Madhya Pradesh as procurement rose nearly 13 percent to cross over 34 lakh tonnes in the current rabi marketing season 2017-18.

However, it is still far behind the target as the government has set a target to buy 85 lakh tonnes the current season.

 

Nearly 34.28 lakh tonnes of wheat was procured by the government agencies in Madhya Pradesh as on April 20, 2017 while it was only 30.36 lakh tonnes in the corresponding period last year. 

The Food Corporation of India and state agencies bought 150 lakh tonnes of wheat across India so far againts 133 lakh tonnes in the same period in the last rabi marketing season.

 

 

By 1514 IST, wheat future for delivery in May six rupees down  at Rs. 1,644/100kg at National Commodity and Derivatives Exchange Ltd (NCDEX) while it flat at Rs. 1,650/100kg.

 

 

 

 

Markets

 

Wheat Varieties

 

21.04.2017

 

20.04.2017



 

Rs./100kg

 

Rs./100kg

 

Vidisha, MP

Mill Quality

1530-1550

1530-1550

Lokwan

1600-1640

1600-1650

PD/Malavraj

1700-1750

1650-1750

Sharbati

1850-2700

1800-2500

1544

  1630-1750

  1600-1700

 

Arrivas


15,000 quintals

25,000 quintals

 

(By Commoditiescontrol Bureau; +91-22-40015533)

 

 


       
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