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Wheat falls on reduced offtake by flour mills

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Press Trust of India New Delhi
Last Updated : Jul 18 2014 | 2:59 PM IST
Wheat prices fell by Rs 10 per quintal at the wholesale grains market today due to reduced offtake by flour mills amidst increased arrivals.
However, other grains continued to move in a narrow range in limited deals and settled around previous levels.
Traders said fall in demand from flour mills against adequate stocks on increased arrivals mainly put pressure on wheat prices.
In the national capital, wheat dara (for mills) declined by Rs 10 to Rs 1,590-1,595 per quintal. Atta chakki delivery followed suit and traded lower at Rs 1595-1600 per 90 kg from previous close of 1,620-1,625.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,590-1,595, Chakki atta (delivery) 1,595-1,600, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 840-845 (50 kg), Maida 970-980 (50 kg) and Sooji 1,015-1,025 (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.

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First Published: Jul 18 2014 | 2:59 PM IST

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