Wheat, rice basmati fall on reduced offtake

NEW DELHI, Sept 19:  Wheat and rice basmati prices fell up to Rs 100 per quintal at the wholesale grains market today owing to fall in demand from flour mills and stockists against adequate stocks position.
However, other grains after moving in a tight range on scattered activity, settled around previous levels.
Traders said reduced offtake by flour mills against adequate stocks position mainly kept pressure on wheat prices.
They said sluggish demand from retailers helped rice basmati prices to trade lower.
In the national capital, wheat dara (for mills) fell by Rs 15 to Rs 1,635-1,640 per quintal. Atta chakki delivery followed suit and eased by a similar margin to Rs 1,645-1,650 per 50 kg.
Atta flour mills, maida and sooji finished lower at Rs 850-855, Rs 945-950 and Rs 1,035-1,045 against last close of Rs 870-880, Rs 960-965 and Rs 1,050-1,060 per 50 kg, respectively.
Rice basmati common and Pusa-1121 variety eased by Rs 100 each to Rs 4,900-5,100 and Rs 3,800-5,000 per quintal, respectively.
Following are today’s quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,635-1,640, Chakki atta (delivery) 1,645-1,650, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 850-855 (50 kg), Maida 945-950 (50 kg) and Sooji 1,035-1,045 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 4,900-5,100, Rice Pusa (1121) 3,800-5,000, Permal raw 1,675-1,725, Permal wand 1,840-1,860, Sela 2,250-2,350 and Rice IR-8 1,600-1,616, Bajra 1,400-1,405, Jowar yellow 1,625-1,725, white 3,050-3,150, Maize 1,430-1,435, Barley 1,320-1,330. (PTI)


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