Wheat prices softens on ample stocks position

In a restricted activity, wheat prices fell by Rs 10 per quintal at the wholesale grains market today due to reduced offtake by flour mills against adequate stocks position.
However, other grains held steady in thin trade.
Traders said ample stocks position against 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 1,930-1,940 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,975-1,990 per 90 kg.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,650-2,950, Wheat dara (for mills) Rs 1,930-1940, Chakki atta (delivery) Rs 1,975-1,990, Atta Rajdhani (10 kg) Rs 280, Shakti Bhog (10 kg) Rs 280, Roller flour mill Rs 1,100-1,115 (50 kg), Maida Rs 1,140-1,160 (50 kg) and Sooji Rs 1,225-1,250 (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 6,400-6,500, Rice Pusa (1121) Rs 4,800-6,000, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,425-1,440, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,550-1,570, Barley Rs 1,800-1,820.