Wheat falls on increased supply, reduced offtake

NEW DELHI, Jan 23:  Wheat prices fell by Rs 15 per quintal at the wholesale grains market today on increased supplies against reduced offtake by flour mills.
Traders said increased supplies against reduced offtake by flour mills mainly kept pressure on wheat prices.
In the national capital, wheat dara (for mills) fell by Rs 15 to Rs 1640-1645 per quintal. Atta chakki delivery followed suit and traded lower by the same margin to Rs 1645-1650 per 90 kg.
The following were today’s quotations per quintal:
Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,640-1,645, Chakki atta (delivery) 1,645-1,650 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 885-895 (50 kg), Maida 950-970 (50 kg) and Sooji 990-1,020 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,800-9,100, Rice Pusa-(1121) new 8,200-8,700, Permal raw 2,100-2,200, Permal wand 2,275-2,300, Sela 2,950-2,975 and Rice IR-8- 1,875-1,900, Bajra 1,275-1,280, Jowar yellow 1,500-1,550, white 2,400-2,600, Maize 1,425-1,430, Barley 1,450-1,455, Rajasthan 1,080-1,090. (PTI)