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Rice basmati rises on good demand

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Press Trust of India New Delhi

Rice basmati prices firmed up by Rs 100 per quintal at the wholesale grains market today on emergence of stockists' buying following uptick in demand.

However, bajra and maize ended lower on reduced offtake by consuming industries.

Traders said upbeat buying, driven by pick up in demand against restricted supplies from producing belts, mainly attributed the rise in rice basmati prices.

In the national capital, rice basmati common and Pusa--1121 variety went up by Rs 100 each to Rs 7,200-7,300 and Rs 6,500-6,600 per quintal, respctively.

On the other hand, bold grains like bajra and maize eased by Rs 15 each to Rs 1,250-1,255 and Rs 1,285-1,290 per quintal, respectively.

 

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

Wheat MP (desi) Rs 2,060-2,260, Wheat dara (for mills) Rs 1,740-1,745 Chakki atta (delivery) Rs 1,745-1,750, Atta Rajdhani (10 kg) Rs 230-260, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 930-940 (50 kg), Maida Rs 950-960 (50 kg)and Sooji Rs 1,030-1,040 (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 7,200-7,300, Rice Pusa (1121) Rs 6,500-6,600, Permal raw Rs 2,375-2400, Permal wand Rs 2,475-2,525, Sela Rs 3,050-3,150 and Rice IR-8 Rs 2,025-2,075, Bajra Rs 1,250-1,255, Jowar yellow Rs 1,650-1,700, white Rs 2,850-2,950, Maize Rs 1,285-1,290, Barley Rs 1,470-1,480.

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First Published: May 22 2018 | 2:40 PM IST

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