Wheat eases on adequate supply

In restricted activity, wheat prices were down Rs 5 per quintal at the wholesale market today due to adequate stocks following increased supplies from producing regions.
However, other grains moved in a narrow range in limited deals and settled around previous levels.
Traders said sufficient stocks following higher supplies from producing belts against reduced offtake by flour mills mainly led to the decline wheat prices.
In the national capital, wheat dara (for mills)declined by Rs 5 to Rs 1,575-1,580 per quintal. Atta chakki delivery followed suit and enquired lower by the same margin to Rs 1,580-1,585 per 90 kg.
Following are today's quotations (in Rs per quintal):

Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,575-1,580, Chakki atta (delivery) 1,580-1,585, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 835-840 (50 kg), Maida 940-950 (50 kg) and Sooji 990-1,000 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 9,200-10,000, Rice Pusa- (1121) new 7,300-10,300, Permal raw 2,100-2,150, Permal wand 2,200-2,300, Sela 2,700-2,800 and Rice IR-8-1,900-1,950, Bajra 1,215-1,220, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,230-1,240, Barley 1,375-1,380.