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Rice basmati climbs on upsurge in demand

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Press Trust of India New Delhi
Rice basmati prices firmed up by Rs 500 per quintal at the wholesale grains market today on brisk buying by stockists following uptick in demand against restricted supplies.

However, other grains held steady in thin trade.

Traders said brisk buying by stockists, driven by upsurge in domestic as well as exports demand against restricted supplies from producing regions, mainly pushed up rice basmati prices.

In the national capital, rice basmati common and Pusa-1121 variety shot up by Rs 500 each to Rs 6,900-7,000 and Rs 5,600-6,800 per quintal respectively.

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

Wheat MP (desi) Rs 2,750-3,050, Wheat dara (for mills) Rs 2,000-2,010, Chakki atta (delivery) Rs 2,020-2,050, Atta Rajdhani (10 kg) Rs 285, Shakti Bhog (10 kg) Rs 285, Roller flour mill Rs 1,140-1,150 (50 kg), Maida Rs 1,200-1,210 (50 kg)and Sooji Rs 1,270-1,275 (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 6,900-7,000, Rice Pusa (1121) Rs 5,600-6,800, Permal raw Rs 2,050-2,075, Permal wand Rs 2,150-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,425-1,465, Jowar yellow Rs 1,750-1,800, white Rs 3,500-3,700, Maize Rs 1,600-1,610, Barley Rs 1,800-1,820.

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First Published: Jan 24 2017 | 2:28 PM IST

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