Rice basmati eases on subdued demand

Rice basmati prices eased further at the wholesale grains market today on slackened demand against adequate stocks position.
However, other grains including wheat moved in a narrow range in limited deals and settled around previous levels.
Traders said easing demand against sufficient supplies mainly kept pressure on rice basmati prices.
In the national capital, rice basmati Pusa-1121 and common variety weakened to Rs 7,400-9,300 and Rs 8,700-9,300 from previous levels of Rs 7,400-9,400 and Rs 8,900-9,300 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,160-2,360, Wheat dara (for mills) 1,525-1,530, Chakki atta (delivery) 1,530-1,535, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 810-825 (50 kg), Maida 880-895 (50 kg) and Sooji 970-990 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 8,700-9,300, Rice Pusa-(1121) new 7,400-9,300, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,600-2,700 and Rice IR-8- 1,800-1,850, Bajra 1,235-1,240, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,185-1,190, Barley 1,300-1,310.