Rice basmati, non-basmati weaken on adequate supply

Prices of rice basmati eased at the wholesale market today following adequate supplies from producing belts against reduced offtake by stockists.
Wheat also edged lower due to weak demand from flour mills against sufficient stocks.
Traders said besides reduced offtake by stockists and flour mills, adequate stocks on increased arrivals from producing belts mainly pulled down rice basmati prices.
In the national capital, common and Pusa-1121 variety eased to Rs 6,500-7,000 and Rs 5,000-6,000 against last close of Rs 7000-7,500 and Rs 5,150-6,100 per quintal, respectively.
Non-basmati rice permal raw, wand, sela and IR-8 followed suit and ended lower by Rs 50 each to Rs 2,000-2,075, Rs 2,100-2,250, Rs 2,600-2,650 and Rs 1,850-1,875 per quintal, respectively.

Wheat dara (for mills) shed Rs 5 at Rs 1,625-1,630 per quintal. Atta chakki delivery traded lower by the same margin to Rs 1,625-1,635 per 90 kg. Sooji weakened by Rs 50 to Rs 1,000-1,010 per 50 kg.

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 6,500-7,000, Rice Pusa (1121) 5,000-6,000, Permal raw 2,000-2,075, Permal wand 2,100-2,250, Sela 2,600-2,650 and Rice IR-8 1,850-1,875, Bajra 1,090-1,095, Jowar yellow 1,300-1,375, white 2,300-2,450, Maize 1,275-1,300, Barley 1,560-1,570.