Wheat eases on reduced offtake

NEW DELHI, Mar 9:  Wheat prices declined by Rs 10 per quintal at the wholesale grains market today due to reduced offtake by flour mills against ample stocks position.
However, other grains including rice basmati moved in a narrow range in limited deals and pegged at the last levels.
Traders said, reduced offtake by flour mills against adequate stocks position on increased supplies from producing regions, mainly led to the decline in wheat prices.
In the national capital, wheat dara (for mills) fell by Rs 10 to Rs 1,840-1,850 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,850-1,880 per 90 kg.
Following are today’s quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,450-2,750, Wheat dara (for mills) Rs 1,840-1,850, Chakki atta (delivery) Rs 1,850-1,880, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,000-1,010 (50 kg), Maida Rs 1,080-1,090 (50 kg)and Sooji Rs 1,190-1,200 (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 7,500-7,600, Rice Pusa (1121) Rs 6,000-7,400, Permal raw Rs 2,275-2,300, Permal wand Rs 2,400-2,450, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,025-2,050, Bajra Rs 1,400-1,410, Jowar yellow Rs 1600-1650, white Rs 3,350-3,550, Maize Rs 1,530-1,540, Barley Rs 1,680-1,700. (PTI)