Basmati rice declines on reduced offtake

Rice basmati prices moved down by Rs 200 per quintal at the wholesale grains market here today owing to slackened demand from importers against sufficient stocks position.
Barley also eased on reduced offtake by consuming industries.
Marketmen said besides subdued demand from importers, adequate stocks position on increased supplies from producing belts mainly kept pressure on rice basmati prices.
In the national capital,rice basmati common and Pusa-1121 variety fell by Rs 200 each to Rs 5,800-6,000 and Rs 4,500-5,800 per quintal respectively.
Barley shed Rs 10 at Rs 1,250-1,260 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,545-1,550, Chakki atta (delivery) 1,550-1,555, Atta Rajdhani 10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 825-830 (50 kg), Maida 890-900 (50 kg) and Sooji 1,000-1,010 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,800-6,000, Rice Pusa (1121) 4,500-5,800, Permal raw 1,700-1,750, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,200-1,205, Jowar yellow 1,590-1,600, white 2,650-2,750, Maize 1,325-1,330, Barley 1,250-1,260.