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Wheat, barley soften on reduced offtake

Press Trust of India  |  New Delhi 

Prices of wheat and barley drifted lower by up to Rs 50 per quintal at the wholesale grains market today due to reduced offtake against ample stocks position.

Traders said besides reduced offtake by flour mills, adequate stocks position on increased arrivals from producing belts mainly kept pressure on wheat prices.

Muted demand from consuming industries helped barley prices to end lower, they said.

In the national capital, wheat dara (for mills) declined by Rs 10 to Rs 1,840-1,850 per quintal. Atta chakki delivery followed suit and traded lower by Rs 20 to Rs 1,900-1,930 per 90 kg.

Atta flour mills and maida also eased by Rs 30 each to Rs 1,000-1,010 and Rs 1,100-1,110 per 50 kg, respectively.

Other bold grain like barley lost Rs 50 at Rs 1,500-1,520 per quintal.

Following are today's quotations (in Rs per quintal):

Wheat MP (desi) Rs 2,350-2,650, Wheat dara (for mills) Rs 1,840-1,850, Chakki atta (delivery) Rs 1,900-1,930, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,000-1,010 (50 kg), Maida Rs 1,100-1,110 (50 kg) and Sooji Rs 1,250-1,260 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 7,700-7,800, Rice Pusa (1121) Rs 6,250-7,700, Permal raw Rs 2,275-2,300, Permal wand Rs 2,400-2,450, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,025-2,050, Bajra Rs 1,410-1,420, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,540-1,550, Barley Rs 1,500-1,520.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 14:28 IST