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Basmati rice remains weak on subdued demand

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Press Trust of India New Delhi
Basmati rice fell further by Rs 100 per quintal in the wholesale grains market today following sluggish demand from importers.

Barley also drifted on reduced offtake by consuming industries.

Marketmen said easing demand from importers against sufficient stocks position mainly kept rice basmati prices lower.

In the national capital, rice basmati common and Pusa-1121 variety fell by another Rs 100 each to Rs 5,700-5,900 and Rs 4,400-5,700 per quintal, respectively.

Other bold grain like, barley declined by Rs 20 to Rs 1,230-1,240 per quintal.

Following are today's quotations (in Rs per quintal):

Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,545-1,550, Chakki atta (delivery) 1,550-1,555, Atta Rajdhani 10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 825-830 (50 kg), Maida 890-900 (50 kg) and Sooji 1,000-1,010 (50 kg).
 

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,700-5,900, Rice Pusa (1121) 4,400-5,700, Permal raw 1,700-1,750, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,200-1,205, Jowar yellow 1,590-1,600, white 2,650-2,750, Maize 1,325-1,330, Barley 1,230-1,240.

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First Published: Jul 29 2015 | 3:13 PM IST

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