Wheat weakens further on reduced offtake by flour mills

Wheat prices fell further by Rs 5 per quintal at the wholesale grains market today on reduced offtake by flour mills against adequate stocks position.
However, other grains including rice moved in a narrow range in limited deals and settled around previous levels.
Traders said reduced offtake by flour mills against adequate stocks position helped wheat prices to surrender further ground.
In the national capital, wheat dara (for mills) fell further by Rs 5 to Rs 1,625-1,630 per quintal. Atta chakki delivery followed suit and enquired lower by the same margin to Rs 1,630-1,635 per 90 kg.
The following were today's quotations per quintal:

Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,625-1,630, Chakki atta (delivery) 1,630-1,635 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 870-890 (50 kg), Maida 950-970 (50 kg) and Sooji 990-1,020 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,300-9,000, Rice Pusa-(1121) new 7,500-9,100, Permal raw 2,050-2,150, Permal wand 2,200-2,225, Sela 2,800-2,825 and Rice IR-8- 1,825-1,850, Bajra 1,245-1,250, Jowar yellow 1,470-1,500, white 2,275-2,300, Maize 1,400-1,405, Barley 1,395-1,400, Rajasthan 1,080-1,090.