Wheat softens on ample stocks

PTI Feeds
Wheat softens on ample stocks

New Delhi, Apr 29 (PTI) Wheat prices weakened by Rs 5 per quintal at the wholesale grains market today on adequate stocks position against reduced offtake by flour mills.

However, other grains held steady in thin trade.

Traders said besides reduced offtake by flour mills, sufficient stocks position on increased arrivals from producing regions mainly led to the decline in wheat prices.

In the national capital, wheat dara (for mills) shed Rs 5 at Rs 1,730-1,735 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,735-1,740 per 90 kg.

Following are today’s quotations (in Rs per quintal): Wheat MP (desi) Rs 2,200-2,500, Wheat dara (for mills) Rs 1,730-1,735, Chakki atta (delivery) Rs 1,735-1,740, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 960-970 (50 kg), Maida Rs 1,000-1,020 (50 kg) and Sooji Rs 1,100-1,110 (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 8,300-8,400, Rice Pusa (1121) Rs 6,700-7,800, Permal raw Rs 2,300-2,350, Permal wand Rs 2,450-2,500, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,050-2,100, Bajra Rs 1,390-1,400, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,520-1,530, Barley Rs 1,570-1,590.

This is published unedited from the PTI feed.