Wheat remains weak on increased supply

NEW DELHI, Mar 29:  Wheat prices fell further by Rs 5 per quintal in an otherwise steady wholesale grains market today on increased supplies from producing belts against reduced offtake by flour mills.
However, other grains continued to move in a narrow range on alternate bouts of trading and settled around previous levels.
Marketmen said increased supplies from producing belts against reduced offtake by flour mills put pressure on wheat prices.
In the national capital, wheat dara (for mills) declined further by Rs 5 to Rs 1,575-1,580 per quintal. Atta chakki delivery also traded lower by similar margin to Rs 1,580-1,585 per 90 kg.
The following are today’s quotations per quintal:
Wheat MP (deshi) 2,060-2,260, Wheat dara (for mills) 1,575-1,580, Chakki atta (delivery) 1,580-1,585, Atta Rajdhani (10 kg) 210, Shakti bhog (10 kg) 210, Roller flour mill 830-850 (50 kg), Maida 885-930 (50 kg) and Sooji 990-1,020 (50kg).
Basmati rice (Lal Quila) 10,000, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,500-7,600, Rice Pusa-(1121) new 7,000-7,600, Permal raw 2,250-2,300, Permal wand 2,450-2,550, Sela 3,500-3,600 and Rice IR-8 1,800-1,850, Bajra 1,405-1,410, Jowar yellow 1,450-1,500, white 2,250-2,450, Maize 1,510-1,520, Barley 1,380-1,400, Rajasthan 1,080-1,090. (PTI)

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