Wheat slides on reduced offtake by flour mills

Wheat prices drifted lower by Rs 15 per quintal at the wholesale grains market today due to reduced offtake by flour mills against adequate stocks position.
Jowar and Bajra also eased on muted demand from consuming industries.
Traders said besides reduced offtake by flour mills, ample stocks position in the market kept pressure on wheat prices.
In the national capital, wheat dara( for mills) and wheat (desi) fell by Rs 15 each to Rs 1,760-1,765 and Rs 2,300-2,835 per quintal respectively. Atta chakki delivery followed suit and traded lower by 20 to Rs 1,765-1,770 per 90 kg.
Other bold grains like, jowar yellow and white also slipped to Rs 1,950-2,050 and Rs 3,575-3,700 from previous close of Rs 2,000-2,075 and Rs 3,600-3,700 per quintal respectively.

Bajra too ended lower by Rs 20 to Rs 1,630-1,635 per quintal.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,300-2,835, Wheat dara (for mills) Rs 1,760-1,765, Chakki atta (delivery) Rs 1,765-1,770, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 945-950 (50 kg), Maida Rs 1,000-1,010 (50 kg) and Sooji Rs 1,070-1,080 (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 5,400-5,600, Rice Pusa (1121) Rs 4,300-5,200, Permal raw Rs 2,000-2,050, Permal wand Rs 2,175-2,250, Sela Rs 2,850-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,630-1,635, Jowar yellow Rs 1,950-2,050, white Rs 3,575-3,700, Maize Rs 1,640-1,645, Barley Rs 1,530-1,535.