Business Standard

Rice basmati, bajra remain weak on muted demand


Press Trust of India New Delhi
Prices of rice basmati and bajra drifted further down by upto Rs 100 per quintal at the wholesale grains market today owing to subdued demand against ample stocks position.
Traders said muted demand from stockists against sufficient stocks position, mainly pressure on rice basmati prices.
Reduced offtake by consuming industries also kept bajra prices down, they said.
In the national capital, rice basmati common and Pusa-1121 variety fell by Rs 100 and Rs 50 to Rs 7,600-7,700 and Rs 6,700-6,800 per quintal, respectively.
Other bold grains, bajra also fell by Rs 50 to Rs 1,350-1,355 per quintal.
Following are today's quotations (in Rs per quintal):

Wheat MP (desi) Rs 2,320-2,420, Wheat dara (for mills) Rs 1,970-1,975, Atta Chakki(delivery) Rs 1,980-1,985, Atta Rajdhani (10 kg) Rs 250-280, Shakti Bhog (10 kg) Rs 275-310, Roller flour mill Rs 1,070-1,090 (50 kg), Maida Rs 1,170-1,180 (50 kg) and Sooji Rs 1,200-1,210 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati rice Rs 9,900, Basmati common new Rs 7,600-7,700, Rice Pusa (1121) Rs 6,700-6,800, Permal raw Rs 2,425-2,450, Permal wand Rs 2,525-2,575, Sela Rs 3,050-3,150 and rice IR-8 Rs 2,025-2,075.
Bajra Rs 1,350-1,355, Jowar yellow Rs 1,800-1,850, white Rs 3,000-3,050, Maize Rs 1,340-1,345, Barley Rs 1,560-1,570.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 30 2018 | 2:50 PM IST

Explore News