Maize prices weaken on sluggish demand

NEW DELHI: Maize prices declined by Rs 10 per quintal on the wholesale grains market today owing to slackened demand against adequate stocks position.


However, other grains trading in a narrow range on lack of worthwhile buying activity and settled around previous levels.

Traders said adequate stocks position against subdued demand mainly led to decline in maize prices.

In the national capital, maize declined by Rs 10 to Rs 1,415-1,420 per quintal.

The following were today's quotations per quintal: Wheat MP (deshi) 2,000-2,200, Wheat dara (for mills) 1,570-1,575, Chakki atta (delivery) 1,575-1,580 Atta Rajdhani (10 kg) 210, Shakti bhog (10 kg) 210, Roller flour mill 815-825 (50 kg), Maida 840-880 (50 kg) and Sooji 900-950 (50kg).

Basmati rice (Lal Quila) 10,000, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,900-8,000, Rice Pusa-(1121) new 7,750-8,400, Permal raw 2,300-2,550, Permal wand 2,500-2,600, Sela 3,500-3,600 and Rice IR-8- 1,900-1,950, Bajra 1,500-1,505, Jowar yellow 1,600-1,650, white 2,300-2,500, Maize 1,415-1,420, Barley 1,250-1,255, Rajasthan 1,080-1,090.