Wheat weakens on ample stocks

Wheat prices softened by Rs 5 per quintal in an otherwise steady wholesale grains market today due to reduced offtake by flour mills against sufficient stocks position.

Traders said reduced offtake by flour mills against ample stocks position mainly weighed on wheat prices.

In the national capital, wheat dara (for mills) shed Rs 5 to Rs 1,765-1,770 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,770-1,775 per 90 kg.

Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,100-2,350, Wheat dara (for mills) Rs 1,765-1,770, Chakki atta (delivery) Rs 1,770-1,775, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 965-970 (50 kg), Maida Rs 990-1,000 (50 kg)and Sooji Rs 1,040-1,045 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 6,500-6,600, Rice Pusa (1121) Rs 5,250-5,350, Permal raw Rs 2,150-2,175, Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850, Bajra Rs 1,225-1,230, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,330-1,335, Barley Rs 1,500-1,510.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)