Rice basmati extends gains on increased demand
Press Trust of India New Delhi Rice basmati extended gains for the third day and prices gained another Rs 100 per quintal at the wholesale grains market today on increased demand from retailers against restricted supplies from producing belts.
However, other grains held steady in thin trade.
Traders said besides increased demand from retailers, fall in arrivals from producing regions mainly kept rice basmati prices higher.
In the national capital,rice basmati common and Pusa-1121 variety advanced by Rs 100 each to Rs 6,500-6,600 and Rs 5,100-6,300 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,700-3,050, Wheat dara (for mills) Rs 2,010-2,050, Chakki atta (delivery) Rs 2,070-2,080, Atta Rajdhani (10 kg) Rs 300, Shakti Bhog (10 kg) Rs 300, Roller flour mill Rs 1,125-1,130 (50 kg), Maida Rs 1,190-1,200 (50 kg)and Sooji Rs 1,270-1,275 (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 6,500-6,600, Rice Pusa (1121) Rs 5,100-6,300, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,470-1,475, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,570-1,580, Barley Rs 1,800-1,820.