Non-basmati rice declines on sluggish demand

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Press Trust of India New Delhi
Last Updated : Feb 12 2014 | 3:12 PM IST
Prices of non-basmati rice declined by up to Rs 70 per quintal on the wholesale grains market today owing to sluggish demand against sufficient supplies.
However, other grains moved in a tight range in scattered deals and settled around previous levels.
Traders said sluggish demand against sufficient supplies mainly led to decline in non-basmati rice prices.
In the national capital, non-basmati rice permal raw and wand fell by Rs 20 and Rs 45 to Rs 2,100-2,150 and Rs 2,250-2,275 per quintal, respectively. Sela and IR-8 were also traded lower by Rs 70 and Rs 25 to 2,900-2,925 and Rs 1,850-1,875 per quintal, respectively.
The following were today's quotations per quintal:
Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,635-1,640, Chakki atta (delivery) 1,640-1,645 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 880-900 (50 kg), Maida 950-970 (50 kg) and Sooji 990-1,020 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,900-9,400, Rice Pusa-(1121) new 8,100-9,600, Permal raw 2,100-2,200, Permal wand 2,250-2,275, Sela 2,900-2,925 and Rice IR-8- 1,850-1,875, Bajra 1,260-1,265, Jowar yellow 1,480-1,500, white 2,300-2,500, Maize 1,400-1,405, Barley 1,385-1,390, Rajasthan 1,080-1,090.
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First Published: Feb 12 2014 | 3:12 PM IST

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