Rice basmati strengthens by Rs 250 per quintal on tight supply

Rice basmati strengthened at the wholesale grains market today on increased buying by stockists against restricted supplies from producing regions.
Elsewhere, other grains held steady in thin trade.
Traders said increased stockists buying in the face of restricted supplies from producing regions, mainly kept rice basmati prices higher.
Expectations of lower output further fuelled the uptrend, they said.
In the national capital, rice basmati common and Pusa-1121 variety moved up to Rs 4,800-4,900 and Rs 4,000-4,600 from previous levels of Rs 4,550-4,650 and Rs 3,750-4,350 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,685-1,715, Chakki atta (delivery) Rs 1,705-1,720, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 900-905 (50 kg), Maida Rs 945-950 (50 kg) and Sooji Rs 1,090-1,095 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 10,500, Super Basmati Rice Rs 9,700, Basmati common new Rs 4,800-4,900, Rice Pusa (1121) Rs 4,000-4,600, Permal raw Rs 1,700-1,750, Permal wand Rs 1,850-1,870, Sela Rs 2,250-2,350 and Rice IR-8 Rs 1,600-1,615, Bajra Rs 1,300-1,310, Jowar yellow Rs 1,600-1,700, white Rs 3,100-3,200, Maize Rs 1,530-1,580, Barley Rs 1,440-1,450.