Wheat dara trades lower on reduced offtake

In restricted activity, wheat dara traded marginally lower by Rs 5 per quintal in the wholesale grains market today on reduced offtake by flour mills. 

Increased arrivals in the market and government's decision to release five million tonnes of grain in the open market also kept pressure on wheat prices.

Elsewhere, other grains, including rice moved in a tight range on alternate bouts of trading and settled around previous levels.

Traders said reduced offtake by mills against adequate stocks put pressure. Wheat dara (for mills) declined by Rs 5 to Rs 1,220-1,225 per quintal. Atta chakki delivery traded lower by the same margin at Rs 1,225-1,230 per 90 kg.

Following are today's quotations in Rs per quintal:

Wheat MP (deshi) 1,725-1,825, wheat dara (for mills) 1,220-1,225 chakki atta (delivery) 1,225-1,230, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 630-650 (50 kg), Maida 755-785 (50 kilos) and Sooji 810-830 (50 kg)

Basmati rice (Lal Quila) 9,300, Shri Lal Mahal 9,300, Super basmati rice 9,000, Basmati common 5,100-5,200, rice Pusa-(1121) 4,400-4,900, Permal raw 1,750-1,800, Permal wand 1,825-1,975, Sela 2,050-2,100 and Rice IR-8- 1,575-1,600, Bajra 975-985

Jowar yellow 1,400-1,475, white 2,250-2,300, Maize 975-985, Barley (UP) 1,050-1,070 and Rajasthan 1,080- 1,090