Wheat prices down by Rs 20 a quintal on better supply

Wheat prices today declined by Rs 20 a quintal here on increased arrival of new crop from Madhya Pradesh.

NEW DELHI: Wheat prices today declined by Rs 20 a quintal here on increased arrival of new crop from Madhya Pradesh.

Wheat MP (deshi) prices decreased by Rs 20 to Rs 1220-1470 a quintal on pick up in arrival from Madhya Pradesh and Punjab but wheat dara (for mills) prices remained unchanged at Rs 1045-1090 a quintal on scattered enquiries from rolling flour mills.

"The fall in wheat prices was mostly attributed to increased supply from Madhya Pradesh", said a wholesale wheat trader.

Meanwhile, other commodities, including rice prices were unaltered on some enquiries.

Following were today's quotations per quintal: wheat MP (deshi) 1240-1490, wheat dara (for mills) 1045-1090, chakki atta (delivery) 1110-1115, Chakki atta Rajdhani (10 kgs) 150, shakti bhog (10 kgs) 160, roller flour mill 1105-1110, maida 1200-1215 (90 kilos) and sooji 1225-1240 (90 kgs).

Rice basmati (lal quila) 7000, Shri Lal Mahal 7000, Basmati common 6270-6470, Permal raw 1320-1450, permal wand 1550-1650, sela 2100-2250 and rice IR-8 1200-1300, Bajra 675-680, Jowar yellow 700-750, white 1250-1300, Maize 780-800 Barley (UP) 1130-1140 and Rajasthan 1100-1110.
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