Wheat turns weak on sluggish demand

NEW DELHI: Wheat prices declined by Rs 10 per quintal in the wholesale grains market today due to slackened demand at prevailing higher levels.

Traders said sluggish demand at prevailing higher levels led to a fall in wheat dara prices.

In the national capital, wheat dara (for mills) declined by Rs 10 to Rs 1,390-1,400 per quintal. Atta chakki delivery followed suit and lost Rs 20 to Rs 1,400-1,420 per 90 kg, while atta flour mills eased to Rs 730-740 against last close of Rs 730-770 per 50 kg.