Wheat turns weak on reduced offtake

Wheat dara prices fell by Rs 10 per quintal due to fall in demand at existing levels in a steady wholesale grains market today. Elsehwere, other grains, including rice remained flat on scattered buying or selling.

Traders said, reduced offtake by flour mills at higher levels amid adequate stocks position helped wheat dara prices to trade lower.

In the national capital, wheat dara (for mills) traded lower by Rs 10 to Rs 1,175-1,180 per quintal. Atta chakki delivery followed suit and shed Rs 10 at Rs 1,180-1,185 per 90 kg.

Following are today's quotations in Rs per quintal:

Wheat MP (deshi) 1,700-1,800, wheat dara (for mills) 1,175-1,180 chakki atta (delivery) 1,180-1,185, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 615-635 (50 kg), Maida 660-690 (50 kilos) and Sooji 700-720 (50 kg)

Basmati rice (Lal Quila) 9,300, Shri Lal Mahal 9,300, Super basmati rice 9,000, Basmati common 5,200-5,300, rice Pusa-(1121) 4,500-5,000, Permal raw 1,725-1,775, Permal wand 1,825-1975, Sela 2,025-2,075 and Rice IR-8-1,550-1,575

Bajra 940-950, Jowar yellow 1000-1,075, white 1,500-1,550, Maize 950-960, Barley (UP) 950-970 and Rajasthan 1,080-1,090.