Wheat remains weak on tepid demnand

New delhi: Wheat prices eased further by Rs 30 per quintal at the wholesale grains market today owing to muted demand from flour mills against adequate stocks position.

However, rice basmati ended higher on scattered demand.

Traders said besides sluggish demand from flour mills, sufficient stocks position in the market mainly kept pressure on wheat prices.

In the national capital, wheat dara (for mills) fell by Rs 30 to Rs 2,000-2,010 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 2,020-2,050 per 90 kg.

On the other hand, rice basmati Pusa-1121 variety edged up to Rs 5,100-6,300 from previous level of Rs 5,100-6,200 per quintal.

Following are today’s quotations (in Rs per quintal):

Wheat MP (desi) Rs 2,750-3,050, Wheat dara (for mills) Rs 2,000-2,010, Chakki atta (delivery) Rs 2,020-2,050, Atta Rajdhani (10 kg) Rs 285, Shakti Bhog (10 kg) Rs 285, Roller flour mill Rs 1,140-1,150 (50 kg), Maida Rs 1,200-1,210 (50 kg) and Sooji Rs 1,270-1,275 (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 6,400-6,500, Rice Pusa (1121) Rs 5,100-6,300, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,430-1,470, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,600-1,610, Barley Rs 1,800-1,820.