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Maize weakens on subdued demand

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Press Trust of India New Delhi
Maize prices declined by Rs 5 per quintal in an otherwise steady wholesale grains market today owing to subdued demand against adequate supplies.

However, other grains moved in a tight range in scattered deals and settled around previous levels.

Traders said subdued demand against adequate supplies from producing regions mainly helped maize prices to trade lower.

In the national capital, maize weakened by Rs 5 to Rs 1,420-1,425 per quintal.

The following were today's quotations per quintal:

Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,645-1,650, Chakki atta (delivery) 1,650-1,655 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 885-895 (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 8,800-9,100, Rice Pusa-(1121) new 8,200-8,700, Permal raw 2,100-2,200, Permal wand 2,275-2,300, Sela 2,950-2,975 and Rice IR-8- 1,875-1,900, Bajra 1,265-1,270, Jowar yellow 1,500-1,550, white 2,400-2,600, Maize 1,420-1,425, Barley 1,440-1,445, Rajasthan 1,080-1,090.

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First Published: Jan 30 2014 | 3:29 PM IST

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