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Rice basmati declines on subdued demand

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Press Trust of India New Delhi
Rice basmati prices declined by Rs 100 per quintal on the wholesale grains market today owing to subdued demand against adequate supplies.

However, other grains after moving in a narrow range in limited deals and settled around previous levels.

Traders said subdued demand against adequate supplies from producing regions mainly kept pressure on rice basmati.

In the national capital, rice basmati common and Pusa-1121 variety eased by Rs 100 each to Rs 8,200-8,900 and Rs 7,400-9,000 per quintal respectively.

The following were today's quotations per quintal:

Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,625-1,630, Chakki atta (delivery) 1,630-1,635 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 870-890 (50 kg), Maida 950-970 (50 kg) and Sooji 990-1,020 (50kg).
 

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,200-8,900, Rice Pusa-(1121) new 7,400-9,000, Permal raw 2,050-2,150, Permal wand 2,200-2,225, Sela 2,800-2,825 and Rice IR-8- 1,825-1,850, Bajra 1,245-1,250, Jowar yellow 1,470-1,500, white 2,275-2,300, Maize 1,400-1,405, Barley 1,395-1,400, Rajasthan 1,080-1,090.

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First Published: Feb 25 2014 | 3:17 PM IST

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