Wheat, other grains weaken on low demand

Saturday, Mar 26, 2016,17:04 IST By metrovaartha A A A

New Delhi | Weak conditions prevailed at the wholesale grains market today with prices of wheat and a few other bold grains drifting by up to Rs 30 per quintal due to reduced offtake against adequate stocks position.
Traders said fall in demand from flour mills against sufficient stocks position led to the decline in wheat prices. Reduced offtake by consuming industries too attributed fall in a few other bold grains prices, they said. In the national capital, wheat dara (for mills) shed Rs 5 at Rs 1,7001,705 per quintal.
Atta chakki delivery followed suit and eased to Rs 1,7051,710 per 90 kg. Atta flour mills, maida and sooji also slipped to Rs 865875,Rs 950960 and Rs 1,0201,030 against last close of Rs 900910, Rs 980990 and Rs 1,0301,040 Rs per 50 kg respectively on easing demand.
Other bold grains like, maize and barley also ended lower at Rs 1,6901,700 and Rs 1,3501,360 from previus levels of Rs 1,7201,725 and Rs 1,3701,380 per quintal respectively.
Following are today’s quotations (in Rs per quintal): Wheat MP (desi) Rs 2,0352,635, Wheat dara (for mills) Rs 1,7001,705, Chakki atta (delivery) Rs 1,7051,710, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 865875 (50 kg), Maida Rs 950960 (50 kg) and Sooji Rs 1,0201,030 (50 kg). Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,3005,400, Rice Pusa (1121) Rs 4,1005,100, Permal raw Rs 1,8501,900, Permal wand Rs 2,0502,100, Sela Rs 2,2002,300 and Rice IR8 Rs 1,6001,620, Bajra Rs 1,5751,580, Jowar yellow Rs 1,8001,900, white Rs 3,4003,500, Maize Rs 1,6901,700, Barley Rs 13501360.