Rice basmati rises on stockists buying, low supply

Rice basmati prices firmed up at the wholesale grains market today on the back of buying by stockists against restricted supplies from producing belts.
However, other grains including wheat, after moving in a tight range on little doing, settled flat.
Traders said increased buying by stockists amid limited arrivals from producing belts, mainly led to the surge in rice basmati prices.
In the national capital, rice basmati common and Pusa-1121 variety went up to Rs 5,000-5,200 and Rs 3,900-5,100 from previous levels of Rs 4,900-5,100 and Rs 3,800-4,900 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) 2,350-2,700, Wheat dara (for mills) 1,545-1,550, Chakki atta (delivery) 1,565-1,570, Atta Rajdhani 10 kg) 220, Shakti Bhog (10 kg) 220, Roller flour mill 850-860 (50 kg), Maida 905-925 (50 kg) and Sooji 1,020-1,040 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,000-5,200, Rice Pusa (1121) 3,900-5,100, Permal raw 1,700-1,750, Permal wand 1,900-1,925, Sela 2,300-2,400 and Rice IR-8 1,600-1,625, Bajra 1,200-1,205, Jowar yellow 1,490-1,500, white 2,550-2,650, Maize 1,225-1,230, Barley 1,280-1,290.