Rice basmati moves up on stockists' buying

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Press Trust of India New Delhi
Last Updated : Jun 02 2017 | 2:42 PM IST
Rice basmati prices firmed up by Rs 200 per quintal at the wholesale grains market today on emergence of stockists buying following uptick in demand.
However, bajra and maize weakened due to fall in demand from consuming industries.
Traders attributed the rise in rice basmati to fresh buying by stockists following upsurge in demand.
In the national capital, rice basmati common and Pusa- 1121 variety settled higher at Rs 7,300-7,400 and Rs 6,000 -6,400 from previous levels of Rs 7,100-7,200 and Rs 5,800- 6,400 per quintal, respectively.
On the other hand, bajra and maize drifted lower by Rs 20 each to Rs 1,350-1,360 and Rs 1,415-1,425 per quintal respectively due to subdued demand from consuming industries.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,100-2,345, Wheat dara (for mills) Rs 1,730-1,735, Chakki atta (delivery) Rs 1,735-1,740, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 950-960 (50 kg), Maida Rs 960-970 (50 kg) and Sooji Rs 1,030-1,040 (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 7,300-7,400, Rice Pusa (1121) Rs 6,000-6,400, Permal raw Rs 2,250-2,275, Permal wand Rs 2,300-2,350, Sela Rs 2,700-2,800 and Rice IR-8 Rs 1,875-2,000, Bajra Rs 1,350-1,360, Jowar yellow Rs 1,600-1,650, white Rs 3,300-3,500, Maize Rs 1,415-1,425, Barley Rs 1,610-1,630.

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First Published: Jun 02 2017 | 2:42 PM IST

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