Rice basmati softens on muted demand

Rice basmati drifted by Rs 100 quintal at the wholesale grains market today due to fall in demand against adequate stocks position.
However, other grains moved in a narrow range in limited deals and pegged at the last levels.
Traders said easing demand from retailers against ample stocks position mainly helped rice basmati prices to trade lower.
In the national capital, rice basmati Pusa-1121 variety eased by Rs 100 to Rs 3,800-4,600 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,300-2,835, Wheat dara (for mills) Rs 1,815-1,820, Chakki atta (delivery) Rs 1,820-1,825, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 960-970 (50 kg), Maida Rs 1,070-1,080 (50 kg) and Sooji Rs 1,100-1,110 (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 4,700-4,900, Rice Pusa (1121) Rs 3,800-4,600, Permal raw Rs 2,000-2,050, Permal wand Rs 2,125-2,200, Sela Rs 2,700-2,800 and Rice IR-8 Rs 1,800-1,810, Bajra Rs 1,375-1,380, Jowar yellow Rs 1,800-1,900, white Rs 3,500-3,700, Maize Rs 1,530-1,540, Barley Rs 1,580-1,585.