Rice basmati strengthens on increased offtake
Press Trust of India New Delhi Rice basmati prices strengthened by Rs 100 per quintal at the wholesale grains market today on increased offtake by stockists following upsurge in demand from retailers amid restricted supplies from producing regions.
Traders said increased offtake by stockists due to pick up in demand from retailers and limited supplies from producing belts mainly kept rice basmati prices higher.
In the national capital, rice basmati common and Pusa 1121 variety advanced by Rs 100 each to Rs 5,600-5,700 and Rs 4,550-5,400 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,200-2,550, Wheat dara (for mills) Rs 1,655-1,660, Chakki atta (delivery) Rs 1,660-1,665, Atta Rajdhani (10 kg) Rs 265, Shakti Bhog (10 kg) Rs 265, Roller flour mill Rs 850-860 (50 kg), Maida Rs 930-950 (50 kg) and Sooji Rs 980-990 (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 5,600-5,700, Rice Pusa (1121) Rs 4,550-5,400, Permal raw Rs 1,900-1,950, Permal wand Rs 2,075-2,125, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,775-1,800, Bajra Rs 1,600-1,605, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,450-1,460, Barley Rs 1,610-1,615.