Wheat, rice basmati ease on reduced offtake

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Press Trust of India New Delhi
Last Updated : Mar 11 2014 | 3:27 PM IST
Prices of wheat and rice basmati eased up to Rs 100 per quintal at the wholesale grains market today on reduced offtake by flour mills and stockists against adequate stocks position.
However, bajra, maize and barley ended in positive zone on increased demand from consuming industries.
Traders said reduced offtake by flour mills and stockists against adequate stocks position mainly kept pressure on wheat and rice basmati prices.
In the national capital, wheat dara (for mills) fell by Rs 15 to Rs 1,620-1,625 per quintal. Atta chakki delivery followed suit and traded lower by Rs 10 to Rs 1630-1635 per 90 kg.
In the rice section, rice basmati common and Pusa-1121 variety eased by Rs 100 each to Rs 8,600-9,000 and Rs 7,700-9,500 per quintal.
On the other hand, bajra, maize and barley were traded higher at Rs 1,270-1,275, Rs 1,435-1,440 and Rs 1430-1460 against last close of Rs 1,255-1,260, Rs 1,420-1,425 and Rs 1405-1410 per quintal respectively.
The following were today's quotations per quintal:
Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,620-1,625, Chakki atta (delivery) 1,630-1,635 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 870-890 (50 kg), Maida 950-970 (50 kg) and Sooji 990-1,020 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,600-9,000, Rice Pusa-(1121) new 7,700-9,500, Permal raw 2,150-2,250, Permal wand 2,250-2,300, Sela 2,800-2,900 and Rice IR-8- 1,850-1,900, Bajra 1,270-1,275, Jowar yellow 1,470-1,500, white 2,275-2,300, Maize 1,435-1,440, Barley 1,430-1,460, Rajasthan 1,080-1,090.
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First Published: Mar 11 2014 | 3:27 PM IST

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