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Rice basmati rises on stockist buying

Press Trust of India  |  New Delhi 

Rice basmati prices firmed up by Rs 100 per quintal at the wholesale grains market today on increased buying by stockists following pick-up in demand from retailers.

However, other grains held steady in thin trade.


Traders said, increased buying by stockists due to uptick in demand from retailers against restricted supplies from producing regions, mainly led to the rise in rice basmati prices.

In the national capital, rice basmati common and Pusa-1121 variety rose by Rs 100 each to Rs 7,700-7,800 and Rs 6,250-7,700 per quintal, respectively.

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

Wheat MP (desi) Rs 2,350-2,650, Wheat dara (for mills) Rs 1,850-1,860, Chakki atta (delivery) Rs 1,920-1,950, Atta Rajdhani (10 kg) Rs 260, Shakti Bhog (10 kg) Rs 260, Roller flour mill Rs 1,030-1,040 (50 kg), Maida Rs 1,130-1,140 (50 kg) and Sooji Rs 1,250-1,260 (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 7,700-7,800, Rice Pusa (1121) Rs 6,250-7,700, Permal raw Rs 2,275-2,300, Permal wand Rs 2,400-2,450, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,025-2,050, Bajra Rs 1,400-1,410, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,540-1,550, Barley Rs 1,550-1,570.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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