Rice basmati softens on tepid demand

By | February 23, 2017

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 7,100-7,200, Rice Pusa (1121) Rs 5,600-7,000, Permal raw Rs 2,200-2,250, Permal wand Rs 2,300-2,400, Sela Rs 3,000-3,100 and Rice IR-8 Rs 2,000-2,025, Bajra Rs 1,440-1,450, Jowar yellow Rs 1750-1800, white Rs 3,500-3,700, Maize Rs 1,590-1,600, Barley Rs 1,800-1,820

In a restricted activity, rice basmati prices fell by Rs 100 per quintal at the wholesale grains market today due to subdued demand against sufficient stocks position.

However, other grains remained steady in thin trade.

Traders attributed the fall in rice basmati prices to sluggish demand from retailers against ample stocks position.

In the national capital, rice basmati common and Pusa-1121 variety moved down by Rs 100 each to Rs 7,100-7,200 and Rs 5,600-7,000 per quintal, respectively.

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

Wheat MP (desi) Rs 2,650-2,950, Wheat dara (for mills) Rs 1,890-1,900, Chakki atta (delivery) Rs 1,900-1,930, Atta Rajdhani (10 kg) Rs 270, Shakti Bhog (10 kg) Rs 270, Roller flour mill Rs 1,000-1,010 (50 kg), Maida Rs 1,110-1,120 (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 7,100-7,200, Rice Pusa (1121) Rs 5,600-7,000, Permal raw Rs 2,200-2,250, Permal wand Rs 2,300-2,400, Sela Rs 3,000-3,100 and Rice IR-8 Rs 2,000-2,025, Bajra Rs 1,440-1,450, Jowar yellow Rs 1750-1800, white Rs 3,500-3,700, Maize Rs 1,590-1,600, Barley Rs 1,800-1,820.