Rice basmati, non-basmati decline on subdued demand

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Press Trust of India New Delhi
Last Updated : May 30 2014 | 2:10 PM IST
In thin trading, prices of rice basmati as well as non-basmati fell up to Rs 200 per quintal on the wholesale grains market today owing to slackened demand against increased supplies.
Wheat and other grains, however, continued to be traded at previous levels in the absence of worthwhile activity.
Traders said apart from reduced demand from stockists and retailers, increased supplies in the market weighed on rice prices.
In the national capital, rice basmati common and Pusa- 1121 variety fell by Rs 200 each to Rs 8,600-9,000 and Rs 7,400-9,100 per quintal, respectively.
In the non-basmati section permal raw and permal wand fell by Rs 25 each to Rs 2,150-2,200 and Rs 2,200-2,300 per quintal, respectively.
Following are today's quotations 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 810-830 (50 kg), Maida 830-850 (50 kg) and Sooji 920-940 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,600-9,000, Rice Pusa-(1121) new 7,400-9,100, Permal raw 2,150-2,200, Permal wand 2,200-2,300, Sela 2,750-2,850 and Rice IR-8- 1,800-1,850, Bajra 1,315-1,320, Jowar yellow 1,450-1,475, white 2,325-2,525, Maize 1,340-1,345, Barley 1,320-1,330.
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First Published: May 30 2014 | 2:10 PM IST

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