Rice basmati remains weak on adequate supply

Rice basmati prices fell further by up to Rs 200 per quintal at the wholesale grains market in the national capital today following adequate stocks position against sluggish demand.
However, other grains moved in a tight range on scattered buying or selling and settled around previous levels.
Traders said sluggish demand against sufficient stocks position mainly kept pressure on rice basmati prices.
In the national capital, rice basmati common and Pusa-1121 variety eased to Rs 5,000-5,200 and Rs 4,000-5,000 from last close of Rs 5,200-5,400 and Rs 4,000-5,100 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,300-2,650, Wheat dara (for mills) 1,480-1,485, Chakki atta (delivery) 1,510-1,515, Atta Rajdhani (10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 820-830 (50 kg), Maida 840-850 (50 kg) and Sooji 940-950 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,000-5,200, Rice Pusa (1121) 4,000-5,000, Permal raw 1,750-1,800, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,235-1,240, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,270-1,275, Barley 1,305-1,310.