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Rice basmati surges on stockists buying

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Press Trust of India New Delhi
Rice basmati prices firmed up by upto Rs 300 per quintal at the wholesale grains market today on increased buying by stockists against tight supplies.

However, other grains held steady in thin trade.

Traders said besides increased buying by stockists, tight stocks position on fall in supplies from producing belts mainly pushed up rice basmati prices.

Higher enquiries from rice mills also fulled the uptrend, they said.

In the national capital, rice basmati common and Pusa 1121 variety edged higher to Rs 7,200-7,300 and Rs 6,000-6,100 from previous levels of Rs 7,000-7,100 and Rs 5,700-5,800 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 1,760-1,765, Chakki atta (delivery) Rs 1,765-1,770, 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 7,200-7,300, Rice Pusa (1121) Rs 6,000-6,100, Permal raw Rs 2,200-2,225, Permal wand Rs 2,250-2,275, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,850-1,875, Bajra Rs 1,180-1,185, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,270- 1,275, Barley Rs 1,445-1,455.

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First Published: Oct 05 2017 | 2:13 PM IST

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