Rice basmati softens on sluggish demand

Prices of rice basmati fell by Rs 100 per quintal at the wholesale grains market today following easing demand against ample stocks position.
However, other grains after moving in a narrow range in limited deals pegged at last levels.
Traders said fall in demand against sufficient stocks position mainly led to the decline in rice basmati prices.
In the national capital, rice basmati common and Pusa-1121 variety were trading down by Rs 100 each to Rs 8,500-8,600 and Rs 7,000-8,200 per quintal, respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 2,200-2,500, Wheat dara (for mills) Rs 1,740-1,750, Chakki atta (delivery) Rs 1,750-1,755, Atta Rajdhani (10 kg) Rs 240, Shakti Bhog (10 kg) Rs 240, Roller flour mill Rs 950-960 (50 kg), Maida Rs 990-1,000 (50 kg) and Sooji Rs 1,100-1,110 (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 7,000-8,200, 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 1,430-1,440, Jowar yellow Rs 1650-1700, white Rs 3,350-3,550, Maize Rs 1,520-1,530, Barley Rs 1,580-1,600.