Wheat declines on adequate supplies

Wheat prices declined by Rs 10 per quintal at the wholesale grains market today due to reduced offtake by flour mills against increased supplies.

Traders said reduced offtake by flour mills mainly kept pressure on wheat prices.

In the national capital, wheat dara (for mills) declined by Rs 10 to Rs 1,570-1,575 per quintal. Atta chakki delivery followed suit and traded lower by the same margin to Rs 1,575-1,580 per 90 kg.

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

Wheat MP (deshi) 2,215-2,415, Wheat dara (for mills) 1,570-1,575, Chakki atta (delivery) 1,575-1,580, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 840-845 (50 kg), Maida 950-960 (50 kg) and Sooji 980-1020 (50 kg).
 

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 8,600-9,800, Rice Pusa-(1121) new 7,400-10,000, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,600-2,700 and Rice IR-8-1,800-1,850, Bajra 1,245-1,250, Jowar yellow 1,400-1,420,white 2,325-2,525, Maize 1,215-1,220, Barley 1,320-1,330.