Wheat falls on adequate supply, reduced offtake

NEW DELHI: Wheat dara prices fell in the wholesale grains market today due to reduced offtake by flour mills against availability of adequate stocks.

However, other grains remained stable in scattered enquiries.

Traders said reduced offtake by flour mills against adequate stocks position mainly led to a fall in wheat dara prices.

In the national capital, wheat dara (for mills) eased to Rs 1,210-1,215 against last close of Rs 1,225-1,235 per quintal.

Atta chakki delivery followed suit and traded lower at Rs 1,215-1,220 from previous level of Rs 1,235-1,240 per 90 kg.

Atta flour mills shed Rs 10 to Rs 630-640 per 50 kg, maida and sooji also weakened by Rs 20 each to Rs 650-680 and Rs 750-780 per 50 kg, respectively.