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Rice basmati edges up on stockists' buying

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Press Trust of India New Delhi
Rice basmati prices firmed up by Rs 200 per quintal on emergence of stockists buying against restricted arrivals from producing belts.

Barley and maize also ended higher on increased offtake by consuming industries.

Traders said stockists buying following uptick in demand against restricted arrivals from producing belts, mainly attributed the rise in rice basmati prices.

In the national capital, rice basmati common and Pusa- 1121 variety edged higher to Rs 7600-7700 and Rs 6100-6200 from previous levels of Rs 7,400-7,500 and Rs 6,000-6,100 per quintal, respectively.

Non-basmati rice permal raw, wabd,sela and IR-8 also finished higher at Rs 2,225-2,275, Rs 2,275-2,325, Rs 2,400- 2,600 and Rs 1,875-1,900 from previous levels of Rs 2,200- 2,225, Rs 2,250-2,275, Rs 2,300-2,400 and Rs 1,850-1,875 per quintal respectively in line with rice basmati trend.
 

Other bold grains like, barley and maize too shot up by Rs 60 and Rs 20 to Rs 1,300-1,305 and Rs 1,500-1,510 per quintal, respectively.

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

Wheat MP (desi) Rs 2,115-2,365, Wheat dara (for mills) Rs 1,825-1,830, Chakki atta (delivery) Rs 1,830-1,835, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 970-980 (50 kg), Maida Rs 1,000-1,010 (50 kg)and Sooji Rs 1,060-1,080 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,600-7,700, Rice Pusa (1121) Rs 6,100-6,200, Permal raw Rs 2,225-2,275, Permal wand Rs 2,275-2,325, Sela Rs 2,400-2,600 and Rice IR-8 Rs 1,875-1,900, Bajra Rs 1,180-1,185, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,300- 1,305, Barley Rs 1,500-1,510.

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First Published: Oct 28 2017 | 2:13 PM IST

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