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Rice basmati strengthens on surging demand

Press Trust of India  |  New Delhi 

Rice basmati prices strengthened by Rs 100 per quintal at the wholesale grains market today on rising demand from retailers against restricted arrivals from producing belts.

However, other grains moved in a narrow range on little doing and settled at last levels.

Traders said rising demand from retailers against restricted supplies from producing regions mainly kept rice basmati prices higher.

In the national capital,rice basmati common and Pusa-1121 variety advanced by Rs 100 each to Rs 5,000-5,200 and Rs 4,200-5,100 per quintal respectively.

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

Wheat MP (desi) Rs 2,300-2,835, Wheat dara (for mills) Rs 1,840-1,845, Chakki atta (delivery) Rs 1,845-1,850, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 950-960 (50 kg), Maida Rs 1,050-1,060 (50 kg) and Sooji Rs 1,150-1,160 (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 5,000-5,100, Rice Pusa (1121) Rs 4,200-5,100, Permal raw Rs 2,000-2,050, Permal wand Rs 2,125-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,300-1,305, Jowar yellow Rs 1,750-1,800, white Rs 3,400-3,600, Maize Rs 1,540-1,550, Barley Rs 1,610-1,615.

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

First Published: Tue, October 18 2016. 14:42 IST