Wheat slips on reduced offtake by flour mills

Wheat prices edged lower by Rs 5 per quintal in an otherwise steady wholesale grains market today due to reduced offtake by flour mills.

Wheat slips on reduced offtake by flour mills
NEW DELHI: Wheat prices edged lower by Rs 5 per quintal in an otherwise steady wholesale grains market today due to reduced offtake by flour mills against increased supplies from producing areas.

However, other grains held steady in thin trade. Traders said reduced offtake by flour mills against increased supplies from producing regions mainly kept pressure on wheat prices.

In the national capital, wheat dara (for mills) shed Rs 5 at Rs 1,655-1,660 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,670-1,675 per 90 kg.

Following are today's quotations (in Rs per quintal): Wheat MP (deshi) 2,270-2,670, Wheat dara (for mills) 1,655-1,660, Chakki atta (delivery) 1,670-1,675, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 845-855 (50 kg), Maida 935-945 (50 kg) and Sooji 1,040-1,050 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,600-6,100, Rice Pusa (1121) 4,600-5,700, Permal raw 1,700-1,775, Permal wand 1,850-1,900, Sela 2,350-2,400 and Rice IR-8 1,575-1,600, Bajra 1,190-1,195, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,610-1,615, Barley 1,575-1,580.
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