Rice basmati strengthens on firm demand

Rice basmati prices strengthened up to Rs 400 per quintal at the wholesale grains market today on persistent buying by stockists against restricted supplies from producing regions.
Bajra and maize prices were also up on increased offtake by consuming industries.
Traders said persistent buying by stockists in the face of restricted supplies from producing regions and report of a likely lower output kept rice basmati higher.
In the national capital, rice basmati common and Pusa-1121 variety advanced to Rs 6,300-6,600 and Rs 5,300-6,300 from previous levels of Rs 5,900-6,400 and Rs 4,900-5,900 per quintal respectively.
Non-basmati rice permal raw, wand and sela followed suit and settled higher at Rs 1,950-2,000, Rs 2,200-2,275 and Rs 2,750-2,850 from previous close of Rs 1,900-1,925, Rs 2,050-2,150 and 2,350-2,450 per quintal respectively.

Other bold grains like, bajra and maize rose by Rs 50 each to Rs 1,350-1,360 and Rs 1,550-1,600, while barley edged up by Rs 10 to Rs 1,440-1,450 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 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 6,300-6,600, Rice Pusa (1121) Rs 5,300-6,300, 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 1,350-1,360, Jowar yellow Rs 1,600-1,700, white Rs 3,100-3,200, Maize Rs 1,550-1,600, Barley Rs 1,440-1,450.