Wheat weakens on higher supply

NEW DELHI, Sept 28: Wheat prices fell marginally by Rs 5 per quintal in an otherwise steady wholesale grains market today on sufficient supplies against reduced offtake by flour mills.
However, other grains held steady in limited deals.
Traders said sufficient stocks following increased supplies against reduced offtake by flour mills led to decline in wheat prices.
In the national capital, wheat dara (for mills) declined by Rs 5 to Rs 1,590-1,595 per quintal. Atta chakki delivery traded lower by the same margin to Rs 1,605-1,610 per 90 kg.
The following were today’s quotations per quintal:
Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,590-1,595, Chakki atta (delivery) 1,605-1,610 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 850-890 (50 kg), Maida 940-960 (50 kg) and Sooji 1,010-1,040 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 7,950-8,050, Rice Pusa-(1121) new 7,850-8,050, Permal raw 2,225-2,275, Permal wand 2,300-2,400, Sela 3,300-3,350 and Rice IR-8- 1,900-1,925, Bajra 1,195-1,205, Jowar yellow 1,500-1,550, white 2,400-2,600, Maize 1,400-1,405, Barley 1,150-1,155, Rajasthan 1,080-1,090. (PTI)
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