Rice basmati rises on fresh buying

In restricted activity, rice basmati prices shot up by Rs 100 per quintal on the wholesale grains market today on fresh buying by stockists on hopes of pick up in demand.

Elsewhere, wheatand other commodities moved in a tight range in the absence of worthwhile activity and settled around previous levels.

Traders said fresh buying by stockists on expectations of pick-up in demand pushed up wholesale rice basmati prices.

In the national capital, rice basmati Pusa-1121 variety rose by Rs 100 to Rs 4,300-5,100 per quintal.

Following are today's quotations in Rs per quintal: 

Wheat MP (deshi) 1,700-1,850, wheat dara (for mills) 1,360-1,365 chakki atta (delivery) 1,365-1,370, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 710-730 (50 kg), Maida 770-800 (50 kg) and Sooji 830-850 (50 kg)

Basmati rice (Lal Quila) 9,500, Shri Lal Mahal 9,300, Super basmati rice 9,000, Basmati common 5,500-5,600, rice Pusa-(1121) 4,300-5,100, Permal raw 1,800-1,850, Permal wand 1,950-2,100, Sela 2,100-2,155 and Rice IR-8 1,670-1,695

Bajra 830-840, Jowar yellow 880-980, white 1,800-1,850, Maize 1,100-1,110, Barley (UP) 1,250-1,270 and Rajasthan 1,080-1,090