Rice basmati falls on reduced offtake

Prices of rice basmati fell by Rs 200 per quintal at wholesale grains market today due to reduced offtake by stockists following drop in demand.
Wheat and barley, however, edged up on scattered demand.
Traders said besides weak domestic and exports demand, adequate stocks mainly put pressure on rice basmati prices.
In the national capital, rice basmati common and Pusa- 1121 variety drifted lower by Rs 200 each to Rs 6,600-6,900 and Rs 5,300-5,350 per quintal, respectively.
On the other hand, wheat dara (for mills) inched up by Rs 10 to Rs 1,770-1,775 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,775-1,780 per 90 kg.

Barley also went up by Rs 50 to Rs 1,500-1,510 per quintal.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs 1,770-1,775, Chakki atta (delivery) Rs 1,775-1,780, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 975-980 (50 kg), Maida Rs 1,010-1,020 (50 kg)and Sooji Rs 1,035-1,040 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 6,600-6,900, Rice Pusa (1121) Rs 5,300-5,350, Permal raw Rs 2,225-2,250, Permal wand Rs 2,275-2,300, Sela Rs 2,500-2,600 and Rice IR-8 Rs 1,850-1,900, Bajra Rs 1,190-1,200, Jowar yellow Rs 1,450-1,500, white Rs 2,900-3,100, Maize Rs 1,340-1,345, Barley Rs 1,500-1,510.