Wheat maintains downtrend on ample stocks

Wheat prices fell further by Rs 50 per quintal at the wholesale grains market today on adequate stocks position against reduced offtake by flour mills.
However, maize edged up on scattered demand.
Traders said ample stocks position on increased supplies against reduced offtake by flour mills mainly kept wheat prices lower.
In the national capital, wheat (deshi) and wheat dara (for mills) declined by Rs 50 each to Rs 2,750-3,050 and Rs 2,030-2,040 per quintal, respectively. Atta chakki delivery followed suit and enquired lower by a similar margin to Rs 2,050-2,080 per 90 kg.
Atta flour mills also eased by Rs 20 at Rs 1,140-1,150 per 50 kg.

Maida and sooji too ended lower at Rs 1,200-1,210 and Rs 1,270-1,275 from previous levels of Rs 1,250-1,260 and Rs 1,290-1,300 per 50 kg in line with wheat trend.

On the other hand, maize traded higher by Rs 20 to Rs 1,600-1,610 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,750-3,050, Wheat dara (for mills) Rs 2,030-2,040, Chakki atta (delivery) Rs 2,050-2,080, Atta Rajdhani (10 kg) Rs 285, Shakti Bhog (10 kg) Rs 285, Roller flour mill Rs 1,140-1,150 (50 kg), Maida Rs 1,200-1,210 (50 kg) and Sooji Rs 1,270-1,275 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 6,400-6,500, Rice Pusa (1121) Rs 5,100-6,200, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,430-1,470, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,600-1,610, Barley Rs 1,800-1,820.