Wheat remains weak on increased arrivals

Wheat remained weak and prices fell by Rs 10 per quintal at the wholesale grains market today due to increased arrivals from producing areas against reduced offtake by flour mills.
However, other grains moved in a narrow range in limited deals and settled around previous levels.
Traders said increased arrivals from producing regions against reduced offtake by flour mills mainly kept pressure on wheat prices.
In the national capital, wheat dara (for mills) fell further by Rs 10 to Rs 1,570-1,575 per quintal. Atta chakki followed suit and delivery traded lower by the same margin to Rs 1,575-1,580 per 90 kg.

Following are today's quotations per quintal:
Wheat MP (deshi) 2,100-2,300, 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 875-885 (50 kg), Maida 940-950 (50 kg) and Sooji 1,020-1,040 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 9,200-9,500, Rice Pusa-(1121) new 8,200-9,900, Permal raw 2,200-2,250, Permal wand 2,250-2,350, Sela 2,800-2,900 and Rice IR-8- 1,850-1,900, Bajra 1,320-1,330, Jowar yellow 1,500-1,530, white 2,350-2,560, Maize 1,435-1,440, Barley 1,430-1,440, Rajasthan 1,080-1,090.