Rice basmati eases on sluggish demand

In an otherwise a steady grains market today, rice basmati prices declined by Rs 50 per quintal on sluggish demand against adequate supply.

Traders said adequate stocks position against subdued demand led to a fall in wholesale rice basmati common prices. They said trading volumes were down, as prices remained steady on restricted deals.

Rice basmati common prices lost Rs 50 to Rs 5,200-5,300 per quintal.

Following are today's quotations in Rs per quintal:

Wheat MP (deshi) 1,750-1,850, wheat dara (for mills) 1,245-1,250 chakki atta (delivery) 1,250-1,255, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 650-670 (50 kg), Maida 750-780 (50 kilos) and Sooji 800-820 (50 kg)

Basmati rice (Lal Quila) 9,300, Shri Lal Mahal 9,300, Super basmati rice 9,000, Basmati common 5,200-5,300, rice Pusa-(1121) 4,550-5,050, Permal raw 1,725-1,775, Permal wand 1,825-1,975, Sela 2,025-2,075 and Rice IR-8-1,550-1,575, Bajra 935-945

Jowar yellow 1450-1,525, white 2,250-2,300, Maize 965-975, Barley (UP) 1040-1060 and Rajasthan 1,080-1,090