Rice basmati remains up; Wheat eases on adequate stocks

Rice basmati prices advanced by Rs 100 per quintal at the wholesale grains market today on increased buying by stockists following rising demand against tight supplies.
However, wheat finished lower on ample stocks.
Traders said increased stockists buying, triggered by rising demand against tight stocks position on restricted supplies from producing regions mainly kept rice basmati prices higher.
In the national capital, rice basmati common and Pusa-1121 variety rose further Rs 100 each to Rs 8,500-8,600 and Rs 6,900-8,200 per quintal, respectively.
On the other hand, wheat dara (for mills) fell by Rs 20 to Rs 1,780-1,790 per quintal. Wheat (desi) also eased to Rs 2,300-2,580 against last close of Rs 2,300-2,600 per quintal. Atta chakki delivery followed suit and traded lower by Rs 50 to Rs 1,800-1,830 per 90 kg.

Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,300-2,580, Wheat dara (for mills) Rs 1,780-1,790, Chakki atta (delivery) Rs 1,800-1,830, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 990-1,000 (50 kg), Maida Rs 1,090-1,100 (50 kg) and Sooji Rs 1,220-1,225 (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 8,500-8,600, Rice Pusa (1121) Rs 6,900-8,200, Permal raw Rs 2,300-2,350, Permal wand Rs 2,450-2,500, Sela Rs 3,100-3,200 and Rice IR-8 Rs 2,050-2,100, Bajra Rs 1,420-1,430, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,500-1,510, Barley Rs 1,500-1,520.