Rice basmati, non-basmati extend weakness on increased supply

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Press Trust of India New Delhi
Last Updated : Dec 03 2014 | 2:16 PM IST
Prices of rice basmati and non-basmati recorded further fall in prices at the wholesale market today on increased supplies from producing belts against slackened buying support from stockists.
Bajra and barley also eased on reduced offtake by consuming industries.
Traders said increased supplies from producing regions against lack of buying support mainly kept pressure on rice basmati and non-basmati prices.
In the national capital, rice basmati common and Pusa-1121 variety slipped to Rs 6,000-6,600 and Rs 4,900-6,000 as compared to previous levels of Rs 6,500-7,000 and Rs 5,000-6,000 per quintal, respectively.
Non-basmati rice permal raw, wand, sela and IR-8 also eased to Rs 1,800-1,825, Rs 1,950-2,050, Rs 2,600-2,625 and Rs 1,700-1,750 against last close of Rs 2,000-2,075, Rs 2,100-2,250, Rs 2,600-2,650 and Rs 1,850-1,875 per quintal, respectively.
Other bold grains like, bajra and barley too traded lower by Rs 10 each at Rs 1,080-1,085 and Rs 1,550-1,560 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,250-2,650, Wheat dara (for mills) 1,625-1,630, Chakki atta (delivery) 1,630-1,635, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill Rs 860-880 (50 kg), Maida 920-925 (50 kg) and Sooji 1,050-1,060 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 6,000-6,600, Rice Pusa (1121) 4,900-6,000, Permal raw 1,800-1,825, Permal wand 1,950-2,050, Sela 2,600-2,625 and Rice IR-8 1,700-1,725, Bajra 1,080-1,085, Jowar yellow 1,300-1,375, white2,300-2,450, Maize 1,275-1,300, Barley 1,550-1,560.
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First Published: Dec 03 2014 | 2:16 PM IST

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