Rice basmati slides on sluggish demand

Rice basmati prices fell up to Rs 200 per quintal at the wholesale grains market today owing to slack demand from retailers.
However, other grains continued to trade in a narrow range in limited deals and settled around previous levels.
Marketmen said muted demand against adequate stocks positions mainly kept pressure on rice basmati prices.
In the national capital,rice basmati common and Pusa-1121 variety drifted by Rs 200 and Rs 100 to Rs 5,600-5,700 and Rs 4,300-5,000 per quintal respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,000-2,600, Wheat dara (for mills) Rs 1,675-1,705, Chakki atta (delivery) Rs 1,705-1,720, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 880-885 (50 kg), Maida Rs 935-940 (50 kg) and Sooji Rs 1,040-1,045 (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 5,600-5,700, Rice Pusa (1121) Rs 4,300-5,000, Permal raw Rs 1,950-2,000, Permal wand Rs 2,200-2,275, Sela Rs 2,750-2,850 and Rice IR-8 Rs 1,700-1,720, Bajra Rs 1,380-1,385, Jowar yellow Rs 1,550-1,650, white Rs 3,050-3,150, Maize Rs 1,630-1,650, Barley Rs 1,450-1,460.