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Wheat softens on ample stocks, reduced offtake

Press Trust of India  |  New Delhi 

Wheat prices drifted lower by up to Rs 50 per quintal at the wholesale grains market today due to by flour mills against adequate stocks position.

However, rice basmati strengthens on rising demand.



Traders said, besides by flour mills, adequate stocks position on pick up in arrivals from producing belts, mainly kept pressure on wheat prices.

In the national capital, wheat (desi) and wheat dara (for mills) fell by Rs 50 and Rs 20 to Rs 2,400-2,700 and Rs 1,900-1,910 per quintal respectively. Atta flour mills shed Rs 20 at Rs 1,040-1,050 per 50 kg.

On the other hand, in the rice section, rice basmati Pusa-1121 variety edged up to Rs 6,150-7,600 from previous level of Rs 6,100-7,500 per quintal.

Barley slipped by Rs 50 to Rs 1,600-1,620 per quintal.

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

Wheat MP (desi) Rs 2,400-2,700, Wheat dara (for mills) Rs 1,900-1,910, Chakki atta (delivery) Rs 1,930-1,960, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,040-1,050 (50 kg), Maida Rs 1,140-1,150 (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 7,600-7,700, Rice Pusa (1121) Rs 6,150-7,600, 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 1,400-1,410, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,540-1,550, Barley Rs 1,600-1,620.

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

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Wheat softens on ample stocks, reduced offtake

Wheat prices drifted lower by up to Rs 50 per quintal at the wholesale grains market today due to reduced offtake by flour mills against adequate stocks position. However, rice basmati strengthens on rising demand. Traders said, besides reduced offtake by flour mills, adequate stocks position on pick up in arrivals from producing belts, mainly kept pressure on wheat prices. In the national capital, wheat (desi) and wheat dara (for mills) fell by Rs 50 and Rs 20 to Rs 2,400-2,700 and Rs 1,900-1,910 per quintal respectively. Atta flour mills shed Rs 20 at Rs 1,040-1,050 per 50 kg. On the other hand, in the rice section, rice basmati Pusa-1121 variety edged up to Rs 6,150-7,600 from previous level of Rs 6,100-7,500 per quintal. Barley slipped by Rs 50 to Rs 1,600-1,620 per quintal. Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,400-2,700, Wheat dara (for mills) Rs 1,900-1,910, Chakki atta (delivery) Rs 1,930-1,960, Atta ... Wheat prices drifted lower by up to Rs 50 per quintal at the wholesale grains market today due to by flour mills against adequate stocks position.

However, rice basmati strengthens on rising demand.

Traders said, besides by flour mills, adequate stocks position on pick up in arrivals from producing belts, mainly kept pressure on wheat prices.

In the national capital, wheat (desi) and wheat dara (for mills) fell by Rs 50 and Rs 20 to Rs 2,400-2,700 and Rs 1,900-1,910 per quintal respectively. Atta flour mills shed Rs 20 at Rs 1,040-1,050 per 50 kg.

On the other hand, in the rice section, rice basmati Pusa-1121 variety edged up to Rs 6,150-7,600 from previous level of Rs 6,100-7,500 per quintal.

Barley slipped by Rs 50 to Rs 1,600-1,620 per quintal.

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

Wheat MP (desi) Rs 2,400-2,700, Wheat dara (for mills) Rs 1,900-1,910, Chakki atta (delivery) Rs 1,930-1,960, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,040-1,050 (50 kg), Maida Rs 1,140-1,150 (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 7,600-7,700, Rice Pusa (1121) Rs 6,150-7,600, 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 1,400-1,410, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,540-1,550, Barley Rs 1,600-1,620.

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

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Business Standard
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Wheat softens on ample stocks, reduced offtake

Wheat prices drifted lower by up to Rs 50 per quintal at the wholesale grains market today due to by flour mills against adequate stocks position.

However, rice basmati strengthens on rising demand.

Traders said, besides by flour mills, adequate stocks position on pick up in arrivals from producing belts, mainly kept pressure on wheat prices.

In the national capital, wheat (desi) and wheat dara (for mills) fell by Rs 50 and Rs 20 to Rs 2,400-2,700 and Rs 1,900-1,910 per quintal respectively. Atta flour mills shed Rs 20 at Rs 1,040-1,050 per 50 kg.

On the other hand, in the rice section, rice basmati Pusa-1121 variety edged up to Rs 6,150-7,600 from previous level of Rs 6,100-7,500 per quintal.

Barley slipped by Rs 50 to Rs 1,600-1,620 per quintal.

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

Wheat MP (desi) Rs 2,400-2,700, Wheat dara (for mills) Rs 1,900-1,910, Chakki atta (delivery) Rs 1,930-1,960, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,040-1,050 (50 kg), Maida Rs 1,140-1,150 (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 7,600-7,700, Rice Pusa (1121) Rs 6,150-7,600, 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 1,400-1,410, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,540-1,550, Barley Rs 1,600-1,620.

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

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Business Standard
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