Select grains decline on increased arrivals, low demand

Weak conditions prevailed at the wholesale grains market today as wheat and other bold grains drifted on increased supplies against reduced offtake by flour mills and stockists.
However, rice basmati strengthened on increased demand.
Traders said increased supplies from producing regions mainly pulled down wheat prices while increased demand led to rise in rice basmati prices.
In the national capital, wheat dara (for mills) remained under pressure on increased arrivals and fell further by Rs 15 to Rs 1,485-1,490 per quintal. Atta chakki delivery followed suit and shed Rs 5 at Rs 1,500-1,505 per 90 kg.
Other bold grains like, bajra, maize and barley also eased to Rs 1,290-1,295, Rs 1,275-1,280 and Rs 1,300-1,310 from last close of Rs 1,300-1,305, Rs 1,310-1,315 and Rs 1,340-1,350 per quintal respectively.

On the other hand, in the rice section, rice basmati Pusa-1121 and common variety ended higher at Rs 7,400-9,100 and Rs 8,500-9,000 from previous levels of Rs 7,000-8,700 and Rs 8,200-8,700 per quintal respectively on increased demand.

Following are today's quotations per quintal:
Wheat, MP (deshi) 2,160-2,360, Wheat dara (for mills) 1,485-1,490, Chakki atta (delivery) 1,500-1,505 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 810-830 (50 kg), Maida 830-850 (50 kg) and Sooji 920-940 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,500-9,000, Rice Pusa-(1121) new 7,400-9,100, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,600-2,700 and Rice IR-8- 1,800-1,850, Bajra 1,290-1,295, Jowar yellow 1,450-1,470, white 2,325-2,525, Maize 1,275-1,280, Barley 1,300-1,310.