Wheat turns weak on reduced offtake by flour mills

Image
Press Trust of India New Delhi
Last Updated : Feb 10 2016 | 2:13 PM IST
Wheat prices eased by Rs 10 per quintal at the wholesale grains market today due to reduced offtake by flour mills.
However, other grains moved in a narrow range in limited deals and settled around previous levels.
Traders said reduced offtake by flour mills against sufficient stocks mainly led to fall in wheat prices.
In the national capital, wheat dara (for mills)fell by Rs 10 to Rs 1,695-1,700 per quintal. Atta chakki delivery followed suit and weakened by a similar margin to Rs 1,700-1,710 per 90 kg.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,695-1,700, Chakki atta (delivery) Rs 1,700-1,710, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 880-885 (50 kg), Maida Rs 930-940 (50 kg) and Sooji Rs 975-980 (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 4,900-5,000, Rice Pusa (1121) Rs 3,700-4,600, Permal raw Rs 1,900-1.950, Permal wand Rs 2,125-2,175, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,700-1,720, Bajra Rs 1,390-1,400, Jowar yellow Rs 1,700-1,800, white Rs 3,200-3,300, Maize Rs 1,620-1,625, Barley Rs 1,430-1,440.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 10 2016 | 2:13 PM IST

Next Story