NEW DELHI (Commodities control) Wheat prices slipped in mostly spot markets of the country. However, the food grain increased in Delhi. The market yet to receive normal demand. Millers were not buying wheat sufficiently because of weak demand of wheat products. But the traders expect price recovery in the days to come.
Delhi based trader Mr. Rajesh Jain told that wheat prices were likely to gain in next month. The demand will increase gradually. Traders in other markets also expect the same. Bhopal based trader told that current demand was weak therefore wheat prices slipped by Rs. 25 per quintal. But the prices can turn it’s direction if demand will increase. Currently, wheat prices have seed bearish trend in Kota, Bundi, Barana, Rajkot and Kanpur markets also.
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Commodity
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Type/Variety
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23-Nov
|
21-Nov
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Change
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Delhi
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Wheat
|
Mill quality
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1870-1880
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1860-1870
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10
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Kota, Rajasthan
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Wheat
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Mill quality
|
1600-1630
|
1620-1650
|
-20
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Wheat
|
Duplicate Sharbati
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1675-1725
|
1675-1725
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0
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|
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Wheat
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PD
|
1640-1700
|
1640-1700
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0
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Bundi, Rajasthan
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Wheat
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Mill quality
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1580-1610
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1600-1630
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-20
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|
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Wheat
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Duplicate Sharbati
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1675-1700
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1675-1700
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0
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|
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Wheat
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PD
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1670-1710
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1670-1710
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0
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Baran, Rajasthan
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Wheat
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Mill quality
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1600-1620
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1610-1635
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-15
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Wheat
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Duplicate Sharbati
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1675-1750
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1675-1750
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0
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Rajkot, Gujarat
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Wheat
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Mill quality
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1680-1700
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1700-1715
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-20
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Indore, (M. P.) Bilty
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Wheat
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Mill quality
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1625-1650
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1650-1675
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0
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Bhopal (M. P.) Loose
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Wheat
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Mill quality
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1450-1475
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1475-1500
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-25
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Kanpur (U.P.)
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Wheat
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Mill quality
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1640-1650
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1640-1660
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-10
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Bareilly (UP)
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Wheat
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Mill quality
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1670-1690
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1670-1690
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0
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(By Commoditiescontrol Bureau: +91-22-40015505)
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