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Wheat slips on higher supply

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Press Trust of India New Delhi
Wheat prices went down by Rs 20 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, besides reduced offtake by flour mills, ample stocks position on higher supplies from producing belts, mainly led to the decline in wheat prices.

In the national capital, wheat dara (for mills) fell by Rs 20 to Rs 1,785-1,790 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,795-1,800 per 90 kg.

Following are today's quotations (in Rs per quintal):
 

Wheat MP (desi) Rs 2,080-2,280, Wheat dara (for mills) Rs 1,785-1,790, Chakki atta (delivery) Rs 1,795-1,800, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 960-970 (50 kg), Maida Rs 1,000-1,010 (50 kg)and Sooji Rs 1,050-1,060 (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 7,800-7,900, Rice Pusa (1121) Rs 6,300-6,400, Permal raw Rs 2,325-2375, Permal wand Rs 2,375-2,425, Sela Rs 2,700-2,900 and Rice IR-8 Rs 1,950-2,000, Bajra Rs 1,215-1,220, Jowar yellow Rs 1,375-1,425, white Rs 2,750-2,850, Maize Rs 1,290- 1,295, Barley Rs 1,470-1,480.

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First Published: Dec 19 2017 | 2:45 PM IST

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