Rice basmati slides on fall in demand

Rice basmati prices fell by up to Rs 300 per quintal at the wholesale grains market today owing to slackened demand against adequate stocks position.
Maize also eased on reduced offtake by consuming industries.
Traders attributed the fall in rice basmati prices to easing demand against ample stocks position.
In the national capital, rice basmati common and Pusa- 1121 variety slipped to Rs 7,100-7,200 and Rs 5,900-6,500 from previous levels of Rs 7,400-7,500 and Rs 6,000-6,800 per quintal, respectively.
Maize also shed Rs 10 at Rs 1,425-1,435 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs 1,735-1,740, Chakki atta (delivery) Rs 1,740-1,745, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 950-960 (50 kg), Maida Rs 960-970 (50 kg) and Sooji Rs 1,030-1,040 (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 7,100-7,200, Rice Pusa (1121) Rs 5,900-6,500, Permal raw Rs 2,250-2,275, Permal wand Rs 2,300-2,350, Sela Rs 2,700-2,800 and Rice IR-8 Rs 1,875-2,000, Bajra Rs 1,360-1,370, Jowar yellow Rs 1,600-1,650, white Rs 3,300-3,500, Maize Rs 1,425-1,435, Barley Rs 1,565-1,585.