Wheat remains weak on ample stocks

NEW DELHI, Apr 22:  Wheat prices declined by Rs 10 per quintal at the wholesale grains market today on the back of adequate stocks position against reduced offtake by flour mills.
However, other grains remained flat in thin trade.
Traders said, besides ample stocks position on increased supplies from producing regions against reduced offtake flour mills, mainly weighed on wheat prices.
In the national capital, wheat dara (for mills) fell by Rs 10 to Rs 1,720-1,730 per quintal. Atta chakki delivery followed suit and enquired lower by a similar margin to Rs 1,730-1,735 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 1,720-1,730, Chakki atta (delivery) Rs 1,730-1,735, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 940-950 (50 kg), Maida Rs 980-990 (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 8,200-8,300, Rice Pusa (1121) Rs 6,700-7,900, 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 1,430-1,440, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,520-1,530, Barley Rs 1,580-1,600. (PTI)