Rice basmati extends losses on fall in demand

Rice basmati prices drifted further lower by up to Rs 400 per quintal at the wholesale grains market today on considerable fall in demand against adequate stocks position.
However, other grains held steady in thin trade.
Traders said fall in demand against ample stocks position along with weak exports enquiries mainly kept rice basmati prices down.
In the national capital, rice basmati Pusa-1121 and rice basmati common variety dropped by Rs 400 and Rs 200 to Rs 5,600-7,000 and Rs 7,100-7,300 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,730-3,030, Wheat dara (for mills) Rs 1,970-1,980, Chakki atta (delivery) Rs 1,980-2,010, Atta Rajdhani (10 kg) Rs 285, Shakti Bhog (10 kg) Rs 285, Roller flour mill Rs 1,070-1,080 (50 kg), Maida Rs 1,160-1,170 (50 kg)and Sooji Rs 1,250-1,260 (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 7,100-7,300, 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 1,460-1,470, Jowar yellow Rs 1750-1800, white Rs 3,500-3,700, Maize Rs 1,610-1,620, Barley Rs 1,800-1,820.