Rice up on export enquiries, tight supply

Prices of rice basmati as well as non-basmati rose by up to Rs 100 per quintal at the wholesale grains market today due to pick up in export enquiries and local demand.

However, wheat dara weakened marginally due to reduced offtake by flour mills.

Traders said, increased export enquiries and rising demand from local parties attributed the rise in rice basmati and non-basmati prices.

Besides, pause in supplies, too, supported the upside in rice prices, they added.

In the national capital, super basmati rice and basmati common new traded Rs 100 each higher at Rs 9,900 and Rs 7,300-7,400 per quintal, respectively.

Rice Pusa (1121) also traded higher by Rs 50 to Rs 6,550-6,650 per quintal.

Rice permal raw and wand too traded higher by Rs 50 each to Rs 2,425-2,450 and Rs 2,525-2,575 per quintal, respectively.

Wheat dara (for mills), howeverm traded lower by Rs 5 at Rs 1740-1745 per quintal due to reduced offtake by flour mills.

Following are today's quotations (in Rs per quintal):