Select grains fall on subdued demand

Weak conditions prevailed at the wholesale grains market today as prices of rice basmati and a few other bold grains fell by up to Rs 100 per quintal on sluggish demand.

Traders said subdued demand against sufficient stocks position mainly led to the fall in rice basmati and a few other bold grain prices.

In the national capital, rice basmati common and pusa-1121 variety fell by Rs 100 each to Rs 7,700-7,800 and Rs 6,750-6,850 per quintal, respectively.

Non-basmati rice permal raw, wand and sela also settled lower at Rs 2,375-2,400, Rs 2,500-2,525 and Rs 2,950-3,000 from previous levels of Rs 2,425-2,450, Rs 2,525-2,575 and Rs 3,050-3,150 per quintal, respectively.

Other bold grains like, bajra and barley declined by Rs 20 each to Rs 1,400-1,405 and Rs 1,560-1,570 per quintal, respectively. Maize, too, shed Rs 20 at Rs 1,340-1,345 per quintal.

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