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Wheat slides on reduced offtake

Press Trust of India  |  New Delhi 

Wheat prices fell by up to Rs 25 per quintal at wholesale grains market today due to reduced offtake by flour mills against ample stocks position.

However, grains held steady in thin trade.


Traders said besides reduced offtake by flour mills, adequate stocks position on increased supplies from producing belts, mainly led to the fall in wheat prices.

In the national capital, wheat MP (desi) and wheat dara (for mills) drifted lower by Rs 25 and Rs 20 to Rs 2,100-2,300 and Rs 1,810-1,815 per quintal, respectively.

Atta chakki delivery followed suit and traded lower by Rs 20 to Rs 1,815-1,820 per 90 kg.

Atta flour mills, maida and sooji also shed Rs 10 each to Rs 980-990,1,020-1,030 and Rs 1,050-1,060 per 50 kg, respectively in line with wheat trend.

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

Wheat MP (desi) Rs 2,100-2,300, Wheat dara (for mills) Rs 1,810-1,815, Chakki atta (delivery) Rs 1,815-1,820, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 980-990 (50 kg), Maida Rs 1,020-1,030 (50 kg)and Sooji Rs 1,050-1,060 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,700-7,800, Rice Pusa (1121) Rs 6,200-6,300, Permal raw Rs 2,325-2375, Permal wand Rs 2,375-2,425, Sela Rs 2,700-2,900 and Rice IR-8 Rs 1,950-2,000, Bajra Rs 1,215-1,220, Jowar yellow Rs 1,375-1,425, white Rs 2,750-2,850, Maize Rs 1,300- 1,305, Barley Rs 1,480-1,490.

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

First Published: Wed, December 06 2017. 14:20 IST
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