Wheat, rice basmati prices fall on adequate supply

| Updated on: Jun 09, 2012
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Weak conditions developed at the wholesale grains market today as select pulses led by rice basmati and wheat declined on adequate supplies against reduced offtake by stockists and retailers.

Expectations of higher output this year also put pressure on wheat and rice basmati prices.

Marketmen said adequate stocks position against weak demand from stockists and retailers mainly led to fall in wheat and rice basmati prices.

In the national capital, wheat dara (for mills) declined by Rs 10 to Rs 1,210-1,215 per quintal. Atta chakki delivery followed suit and traded lower by the same margin to Rs 1,215-1,220 per 90 kg.

In the rice section, rice basmati common and Pusa-1121 eased to Rs 5,800-5,900 and Rs 4,900-5,800 against the previous close of Rs 6,100-6,200 and Rs 5,200-6,100 per quintal.

Following are today’s quotations per quintal:

Wheat MP (deshi) 1,605-1,825, Wheat dara (for mills) 1,210-1,215, Chakki atta (delivery) 1,215-1,220, Atta Rajdhani (10 kg) 190, Shakti bhog (10 kg) 190, Roller flour mill 620-640 (50 kg), Maida 650-680 (50 kg) and Sooji 750-780 (50kg).

Basmati rice (Lal Quila) 9,500, Shri Lal Mahal 9,500, Super Basmati Rice, 9,000, Basmati common new 5,800-5,900, Rice Pusa-(1121) new 4,900-5,800, Permal raw 2,100-2150, Permal wand 2,300-2,350, Sela 2,500-2,600 and Rice IR-8 1,600-1,650, Bajra 1,000-1,005, Jowar yellow 1,200-1,250, white 2,000-2,150, Maize 1,050-1,060, Barley 1,290-1,300, and Rajasthan 1,080-1,090.

Published on March 12, 2018

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