Rice basmati rises on exports demand; wheat eases

Rice basmati prices firmed up at the wholesale grains market today on increased buying by exporters against restricted supplies from producing regions.
However, wheat eased on adequate supplies against reduced offtake by flour mills.
Traders said increased buying by exporters mainly influenced rice basmati prices.
In the national capital, rice basmati common and Pusa-1121 variety surged to Rs 9,400-10,600 and Rs 7,900-10,800 from Rs 9,000-10,400 and Rs 7,700-10,200 per quintal respectively.
On the other hand, wheat dara (for mills) eased by Rs 15 to Rs 1,575-1,580 per quintal. Atta chakki delivery followed suit and traded lower at Rs 1,585-1,590 from previous level of Rs 1,595-1,600 per 90 kg.

Atta flour mills, maida and sooji were also eased to Rs 840-845, Rs 900-980 and Rs 940-960 against last close of Rs 845-850, Rs 970-980 and Rs 1,015-1,025 per 50 kg respectively on decline in demand.

Bajra and maize also slipped to Rs 1,215-1,220 and Rs 1,250-1,255 against last close of Rs 1,250-1,255 and Rs 1,270-1,275 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,575-1,580, Chakki atta (delivery) 1,585-1,590, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 840-845 (50 kg), Maida 900-980 (50 kg) and Sooji 990-1,000 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 9,400-10,600, Rice Pusa-(1121) new 7,900-10,800, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,600-2,700 and Rice IR-8-1,800-1,850, Bajra 1,215-1,220, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,250-1,255, Barley 1,320-1,330.