Rice basmati softens on low demand

In restricted activity, rice basmati prices fell by upto Rs 300 per quintal at wholesale grains market today owing to slackened demand.

However, other grains held steady in thin trade.

Traders said easing demand from retailers and stockists against adequate stocks position mainly pulled down rice basmati prices.

In the national capital, rice basmati common and Pusa- 1121 variety settled lower at Rs 6,300-6,500 and Rs 5,000- 5,050 from previous levels of Rs 6,500-6,600 and Rs 5,250- 5,350 per quintal, respectively.

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

Wheat MP (desi) Rs 2,100-2,350, Wheat dara (for mills) Rs 1,755-1,760, Chakki atta (delivery) Rs 1,760-1,765, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 950-960 (50 kg), Maida Rs 990-1,000 (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 6,300-6,500, Rice Pusa (1121) Rs 5,000-5,050, Permal raw Rs 2,150-2,175, Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850, Bajra Rs 1,225-1,230, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,335-1,340, Barley Rs 1,490-1,500.