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Rice basmati falls on increased supply

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Press Trust of India New Delhi
Rice basmati prices ended lower at the wholesale grains market today on increased supplies from producing regions against subdued demand.

However, other grains held steady in thin trade.

Traders said increased supplies against sluggish demand kept pressure on rice basmati prices.

In the national capital, rice basmati common and Pusa-1121 variety slipped to Rs 4,500-4,700 and Rs 3,700-4,400 against last close of Rs 4,700-4,900 and Rs 3,800-4,800 per quintal respectively.

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

Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,675-1,705, Chakki atta (delivery) Rs 1,700-1,715, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 910-915 (50 kg), Maida Rs 950-955 (50 kg) and Sooji Rs 1,100-1,105 (50 kg).
 

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 10,500, Super Basmati Rice Rs 9,700, Basmati common new Rs 4,500-4,700, Rice Pusa (1121) Rs 3,700-4,400, Permal raw Rs 1,700-1,750, Permal wand Rs 1,850-1,870, Sela Rs 2,250-2,350 and Rice IR-8 Rs 1,600-1,615, Bajra Rs 1,210-1,220, Jowar yellow Rs 1,500-1,600, white Rs 3,000-3,100, Maize Rs 1,420-1,470, Barley Rs 1,370-1,380.

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First Published: Oct 24 2015 | 2:22 PM IST

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