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Wheat softens on higher supply

Press Trust of India  |  New Delhi 

prices drifted lower by Rs 10 per at the wholesale grains market today on increased supplies from producing belts and reduced offtake by mills.

However, other grains remained steady in thin trade.

Traders said adequate stocks position on increased arrivals from producing regions against reduced offtake by mills mainly led to decline in prices.

In the national capital, dara (for mills) slipped by Rs 10 to Rs 1,750-1,755 per Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,755-1,760 per 90 kg.

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

(desi) Rs 2,060-2,260, Wheat dara (for mills) Rs 1,750-1,755 Chakki atta (delivery) Rs 1,755-1,760, Atta Rajdhani (10 kg) Rs 230-260, Shakti Bhog (10 kg) Rs 255-290, Roller mill Rs 940-950 (50 kg), 960-970 (50 kg)and Sooji Rs 1,040-1,050 (50 kg).

Basmati (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rs 9,800, Basmati common new Rs 7,000-7,100, Pusa (1121) Rs 6,300-6,400, Permal raw Rs 2,375-2400, Permal wand Rs 2,475-2,525, Sela Rs 3,050-3,150 and Rice IR-8 Rs 2,025-2,075, Bajra Rs 1,275-1,280, Jowar yellow Rs 1,650-1,700, white Rs 2,850-2,950, Maize Rs 1,380-1,385, Barley Rs 1,470-1,480.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 14:30 IST