Wheat, non-basmati declines on subdued demand

Wheat dara and non-basmati rice prices fell up to Rs 25 per quintal on the wholesale grains market today owing to slackness in demand against adequate supply.

Traders said reduced offtake by flour mills against adequate stocks position, mainly led to decline in wheat dara prices.

Wheat dara (for mills) declined by Rs 10 to Rs 1,265-1,270, while atta chakki delivery traded lower by the same margin to Rs 1,255-1,260 per 90 kg and flour mills shed Rs 10 to Rs 665-685 per 50 kg.

Maida weakened by Rs 5 to Rs 760-790 per kg in line with the wheat trend.

In the rice section, permal raw, wand,sela and IR-8 were down by Rs 25 each to Rs 1,900-1,950, Rs 2,025-2,175, Rs 2,190-2,245 and Rs 1,710-1,735 per quintal, respectively.

Following are today's quotations in Rs per quintal:

Wheat MP (deshi) 1,650-1,765, wheat dara (for mills) 1,265-1,270 chakki atta (delivery) 1,255-1,260, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 665-685 (50 kg)

Maida 760-790 (50 kilos) and Sooji 885-905 (50 kg) Basmati rice (Lal Quila) 9,500, Shri Lal Mahal 9,300, Super basmati rice 9,000, Basmati common 5,500-5,600, rice Pusa-(1121) 4,600-5,200, Permal raw 1,900-1,950, Permal wand 2,025-2,175, Sela 2,190-2,245 and Rice IR-8 1,710-1,735, Bajra 800-810, Jowar yellow 950-1,050,