Prices of wheat and rice basmati fell by up to Rs 100 per quintal at the wholesale grains market today owing to muted demand against sufficient stocks position.
Traders said besides low demand demand from flour mills, ample stocks position on increased arrivals from producing belts, mainly weighed on wheat prices.
Tepid demand from retailers kept pressure on rice basmati prices, they said.
In the national capital, wheat dara (for mills) declined by Rs 5 to Rs 1,730-1,735 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,735-1,740 per 90 kg.
Rice basmati Pusa-1121 variety also fell by Rs 100 to Rs 5,800-6,400 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs 1,730-1,735, Chakki atta (delivery) Rs 1,735-1,740, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 950-960 (50 kg), Maida Rs 960-970 (50 kg) and Sooji Rs 1,030-1,040 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,100-7,200, Rice Pusa (1121) Rs 5,800-6,400, Permal raw Rs 2,250-2,275, Permal wand Rs 2,300-2,350, Sela Rs 2,700-2,800 and Rice IR-8 Rs 1,875-2,000, Bajra Rs 1,360-1,370, Jowar yellow Rs 1,600-1,650, white Rs 3,300-3,500, Maize Rs 1,425-1,435, Barley Rs 1,575-1,595.
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