Maize remains weak on reduced offtake

Maize prices dropped further by Rs 30 per quintal at the wholesale grains market today owing to reduced offtake by consuming industries against sufficient stocks.

However, rice basmati edged up on scattered demand.

Marketmen said reduced offtake by consuming industries against adequate stocks position mainly kept maize prices lower.

They said some demand from retailers against restricted supplies from producing regions helped rice basmati to trade higher.

In the national capital, maize fell further by Rs 30 to Rs 1,650-1,655 per quintal.

On the other hand, in the rice section, Pusa-1121 variety edged up to Rs 4,350-5,000 from previous level of Rs 4,300-5,000 per quintal.
 

Following are today's quotations (in Rs per quintal):

Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,675-1,705, Chakki atta (delivery) Rs 1,705-1,720, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 880-885 (50 kg), Maida Rs 935-940 (50 kg) and Sooji Rs 1,040-1,045 (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 5,400-5,500, Rice Pusa (1121) Rs 4,350-5,000, Permal raw Rs 1,925-1.975, Permal wand Rs 2,150-2,200, Sela Rs 2,500-2,600 and Rice IR-8 Rs 1,700-1,720, Bajra Rs 1,395-1,400, Jowar yellow Rs 1,650-1,750, white Rs 3,150-3,250, Maize Rs 1,650-1,655, Barley Rs 1,450-1,460.