Weak conditions prevail at the wholesale grains market

NEW DELHI, June 17: Weak conditions emerged at the wholesale grains market today as prices of wheat and other bold grains fell by up to Rs 20 per quintal due to reduced offtake against sufficient stocks position.

Traders said reduced offtake by flour mills against adequate stocks position mainly led to decline in wheat prices.

They said muted demand from consuming industries helped other bold prices to trade lower.

In the national capital, wheat dara (for mills) declined by Rs 15 to Rs 1,745-1,750 per quintal. Atta chakki delivery followed suit and enquired lower by a similar margin to Rs 1,750-1,755 per 90 kg.

Other bold grains like, bajra and barley also moved down by Rs 20 each to Rs 1,280-1,290 and Rs 1,560-1,580 per quintal respectively.

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

Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs 1,745-1,750, Chakki atta (delivery) Rs 1,750-1,755, Atta Rajdhani (10 kg) Rs 255-290, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 950-960 (50 kg), Maida Rs 960-970 (50 kg) and Sooji Rs 1,040-1,050 (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 6,600-6,800, Rice Pusa (1121) Rs 5,500-5,800, Permal raw Rs 2,225-2,250, Permal wand Rs 2,275-2,300, Sela Rs 2,500-2,600 and Rice IR-8 Rs 1,850-1,900, Bajra Rs 1,280-1,290, Jowar yellow Rs 1,500-1,550, white Rs 3,000-3,200, Maize Rs 1,320-1,330, Barley Rs 1,560-1,580. (PTI)

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