Rice basmati eases on higher supply

In restricted activity, rice basmati prices fell up to Rs 200 per quintal at the wholesale market on adequate stocks following increased arrivals from producing belts against reduced offtake by stockists.
However, other grains including wheat moved in a narrow range on scattered deals and settled around previous levels.
Traders said adequate stocks position due to increased arrivals from producing belts mainly kept pressure on rice basmati prices.
In the national capital, rice basmati Pusa-1121 variety declined to Rs 5,400-6,100 from last close of Rs 5,600-6,200 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,630-1,635, Chakki atta (delivery) 1,635-1,640, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill Rs 860-880 (50 kg), Maida 920-925 (50 kg) and Sooji 1,050-1,060 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 7,000-7,600, Rice Pusa (1121) 5,400-6,100, Permal raw 2,100-2,150, Permal wand 2,250-2,300, Sela 2,650-2,700 and Rice IR-8 1,925-1,975,Bajra 1,100-1,105, Jowar yellow 1300-1,375, white 2,300-2,450, Maize 1,350-1,355, Barley 1,560-1,570.