Rice basmati goes up on increased offtake

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Press Trust of India New Delhi
Last Updated : Aug 18 2017 | 2:42 PM IST
Rice basmati prices rose by up to Rs 150 per quintal at the wholesale grains market today due to increased offtake by stockists following upsurge in demand.
However, other grains held steady in thin trade.
Traders said increased offtake by stockists following upsurge in demand against tight stocks position on fall in supplies from producing belts, mainly helped rice basmati prices to trade higher.
In the national capital, rice basmati common and Pusa- 1121 variety settled higher at Rs 6,500-6,600 and Rs 5,250- 5,350 from previous levels of Rs 6,400-6,500 and Rs 5,150- 5,200 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,350, Wheat dara (for mills) Rs 1,770-1,775, Chakki atta (delivery) Rs 1,775-1,780, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 965-970 (50 kg), Maida Rs 990-1,000 (50 kg)and Sooji Rs 1,040-1,045 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 6,500-6,600, Rice Pusa (1121) Rs 5,250-5,350, Permal raw Rs 2,150-2,175, Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850, Bajra Rs 1,225-1,230, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,330-1,335, Barley Rs 1,490-1,500.

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First Published: Aug 18 2017 | 2:42 PM IST

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