Rice basmati prices firm up on persistent buying

Rice basmati prices strengthened up to Rs 500 per quintal at the wholesale grain market today on persistent buying by stockists against restricted supplies from producing regions.
However, other grains moved in a narrow range in scattered deals and settled around previous levels.
Traders said frantic buying by stockists against restricted supplies from producing regions and reports of a likely fall in kharif output mainly kept rice basmati prices higher.
In the national capital, rice basmati common and Pusa-1121 variety advanced to Rs 5,400-5,900 and Rs 4,500- 5,500 from previous levels Rs 5,000-5,400 and Rs 4,200-5,000 per quintal, respectively. Shri Lal Mahal rice also shot up by Rs 500 to Rs 11,300 per quintal.

Non-basmati rice permal raw and wand too edged up to Rs 1,850-1,875 and Rs 2,000-2,100 from the previous close of Rs 1,800-1,825 and Rs 1,950-2,050, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,685-1,715, Chakki atta (delivery) Rs 1,705-1,720, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 900-905 (50 kg), Maida Rs 945-950 (50 kg) and Sooji Rs 1,090-1,095 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,400-5,900, Rice Pusa (1121) Rs 4,500-5,500, Permal raw Rs 1,850-1,875, Permal wand Rs 2,000-2,100, Sela Rs 2,350-2,450 and Rice IR-8 Rs 1,680-1,700, Bajra Rs 1,285-1,295, Jowar yellow Rs 1,600-1,700, white Rs 3,100-3,200, Maize Rs 1,500-1,550, Barley Rs 1,440-1,450.