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Wheat Prices Drop In Delhi, Kanpur, Gain Unlikely Until Govt’s Free Scheme

17 Sep 2020 5:58 pm
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NEW DELHI (Commoditiescontrol) Wheat prices remained under pressure in mostly markets of northern states. The prices fell down up to Rs. 25 per quintal in Delhi. The prices down up to Rs. 15 per quintal in Rajkot and Kanpur. There was no improvement in demand. It is unlikely to gain support until free wheat distribution schemes for poor consumers continues


Mill quality wheat was traded at Rs. 1800-1825 per quintal in Delhi. Yesterday, the prices were quoted between Rs. 1825-1850 per quintal. A delhi based trader said that mills were quoting lower prices. They have reduced wheat purchase prices as there was poor demand for flour and other wheat products. The arrival of wheat was around 5000-6000 quintal. Same market scenario was seen mostly market. A Bhopal based trader told that flour mills have reduced wheat purchase prices by Rs. 20 today. Trade was also thin in few markets as traders were busy in religious practices.

Commodity

Type/Variety

17-Sep

16-Sep

Change

Delhi

Wheat

Mill quality

1800-1825

1825-1850

-25

Kota, Rajasthan

Wheat

Mill quality

1525-1560

1525-1560

0

Wheat

Duplicate Sharbati

1600-1660

1600-1660

0

Wheat

PD

1600-1640

1600-1640

0

Bundi, Rajasthan

Wheat

Mill quality

1525-1550

1525-1550

0

Wheat

Duplicate Sharbati

1610-1650

1610-1650

0

Wheat

PD

1575-1625

1575-1625

0

Baran, Rajasthan

Wheat

Mill quality

1520-1550

1520-1550

0

Wheat

Duplicate Sharbati

1600-1660

1600-1660

0

Rajkot, Gujarat

Wheat

Mill quality

1560-1590

1575-1600

-15

Indore, (M. P.) Bilty

Wheat

Mill quality

1525-1550

1525-1550

0

Bhopal (M. P.) Loose

Wheat

Mill quality

1450-1475

1450-1475

0

Kanpur (U.P.)

Wheat

Mill quality

1580-1630

1580-1640

-10

Bareilly (UP)

Wheat

Mill quality

1660-1680

1660-1680

0

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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