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Wheat eases on higher supply

Wheat prices fell by Rs 20 per quintal in the wholesale grains market.

Wheat prices fell by Rs 20 per quintal in the wholesale grains market today on adequate stocks following increased supplies.

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

Traders said adequate stocks availability against reduced offtake by flour mills mainly helped wheat dara prices to decline.

In the national capital,wheat dara (for mills) declined by Rs 20 to Rs 1,570-1,575 per quintal. Atta chakki delivery followed suit and traded lower by Rs 30 to Rs 1,565-1,570 per 90 kg.

The following are today’s quotations per quintal: Wheat MP (deshi) 2,025-2,225,Wheat dara (for mills) 1,570-1,575,Chakki atta (delivery) 1,575-1,580,Atta Rajdhani

(10 kg) 210,Shakti bhog (10 kg) 210,Roller flour mill 860-880 (50 kg),Maida 930-950 (50 kg) and Sooji 1020-1,060 (50kg).

Basmati rice (Lal Quila) 9,500,Shri Lal Mahal 9,500,Super Basmati Rice,9,000,Basmati common new 4,900-5,000,Rice Pusa-(1121) new 4,200-4,900,Permal raw 1,950-2050,Permal wand 2,200-2,250,Sela 2,450-2,650 and Rice IR-8

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1,500-1,600,Bajra 1,115-1,125,Jowar yellow 1,225-1,250,white 2,050-2,250,Maize 1,365-1,375,Barley 1,315-1,330,Rajasthan 1,080-1,090.

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