Wheat eases on increased arrivals

Wheat prices were down by Rs 40 per quintal at the wholesale grains market today following adequate stocks on increased arrivals from producing belts coupled with reduced offtake by flour mills.
However, other grains continued to move in a tight range in limited deals and settled around previous levels.
Traders said besides adequate stocks following increased supplies from producing belts, reduced offtake by flour mills also kept pressure on wheat prices.
In the national capital, wheat dara (for mills)fell by Rs 40 to 1,545-1,550 per quintal. Atta chakki delivery followed suit and declined by Rs 25 to Rs 1,565-1,570 per 90 kg.

Maida also weakened by Rs 5 to Rs 905-925 per 50 kg. Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,545-1,550, Chakki atta (delivery) 1,565-1,570, Atta Rajdhani 10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 850-860 (50 kg), Maida 905-925 (50 kg) and Sooji 1,020-1,040 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 4,900-5,100, Rice Pusa (1121) 3,800-4,900, Permal raw 1,700-1,750, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,200-1,205, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,225-1,230, Barley 1,280-1,290.