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Rice basmati strengthens on tight supply

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Press Trust of India New Delhi
Rice basmati prices rose by up to Rs 200 per quintal at the wholesale grains market today on restricted supplies from producing regions against rising demand.

However, maize ended lower on sufficient stocks against reduced offtake by consuming industries.

Traders said besides uptick in demand from retailers, fall in supplies from producing belts mainly kept rice basmati prices higher.

In the national capital, rice basmati common and Pusa-1121 variety advanced to Rs 5,900-6,000 and Rs 4,650-5,700 from previous levels of Rs 5,800-5,900 and Rs 4,500-5,500 per quintal, respectively.

On the other hand, bold grains like maize fell by Rs 100 to Rs 1,370-1,380 per quintal.
 

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

Wheat MP (desi) Rs 1,850-2,100, Wheat dara (for mills) Rs 1,600-1,605, Chakki atta (delivery) Rs 1,605-1,610, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 850-860 (50 kg), Maida Rs 930-940 (50 kg) and Sooji Rs 1,010-1,025 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,900-6,000, Rice Pusa (1121) Rs 4,650-5,700, Permal raw Rs 1,900-1,950, Permal wand Rs 2,075-2,125, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,725-1,745, Bajra Rs 1,615-1,620, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,370-1,380, Barley Rs 1,435-1,440.

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First Published: Apr 13 2016 | 3:42 PM IST

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