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Rice basmati slides on weak demand

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Press Trust of India New Delhi

Rice basmati prices drifted lower by Rs 100 per quintal at the wholesale grains market today owing to slackened demand.

However, other grains remained steady in thin trade.

Traders attributed the fall in rice basmati prices to easing demand against adequate stocks position.

In the national capital, rice basmati common and Pusa-1121 variety were down by Rs 100 each to Rs 7,600-7,700 and Rs 6,700-6,800 per quintal respectively.

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

Wheat MP (desi) Rs 2,080-2,280, Wheat dara (for mills) Rs 1,770-1,775 Chakki atta (delivery) Rs 1,780-1,785, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 960-970 (50 kg), Maida Rs 980-990 (50 kg)and Sooji Rs 1,040-1,050 (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 6,700-6,800, Permal raw Rs 2,325-2375, Permal wand Rs 2,375-2,425, Sela Rs 2,900-3,100 and Rice IR-8 Rs 1,975-2,025, Bajra Rs 1,200-1,205, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,440- 1,445, Barley Rs 1,490-1,500.

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First Published: Mar 21 2018 | 2:15 PM IST

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