Wheat weakens on adequate supply

PTI New Delhi | Updated on August 03, 2013 Published on August 03, 2013


Wheat prices fell by Rs 15 per quintal in the wholesale grains market on Saturday due to reduced offtake by flour mills against adequate supplies. However, rice basmati found fresh buying and ended higher.

Traders said reduced offtake by flour mills against adequate supplies position mainly helped wheat prices to trade lower.Increased buying by stockists helped rice basmati prices to rise, they said.

In the national capital, wheat dara (for mills) declined by Rs 15 to Rs 1,560-1,565 per quintal. Atta chakki delivery followed suit and traded lower by the same margin to Rs 1,565-1,570 per 90 kg.

On the other hand, rice basmati common and Pusa-1121 variety moved up by Rs 50 each to Rs 7,650-7,750 and Rs 7,760-7,850 per quintal respectively.

The following were today’s quotations per quintal: Wheat MP (deshi) 2,050-2,250, Wheat dara (for mills) 1,560-1,565, Chakki atta (delivery) 1,565-1,570 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 850-890 (50 kg), Maida 930-950 (50 kg) and Sooji 1,010-1,040 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,650-7,750, Rice Pusa-(1121) new 7,750-7,850, Permal raw 2,225-2,275, Permal wand 2,300-2,400, Sela 3,300-3,350 and Rice IR-8- 1,900-1,925.

Bajra 1,290-1,300, Jowar yellow 1,600-1,650, white 2,400-2,650, Maize 1,370-1,375, Barley 1,250-1,255, Rajasthan 1,080-1,090.

Published on August 03, 2013
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