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Rice basmati slides on muted demand; wheat edges up

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Press Trust of India New Delhi
Rice basmati prices drifted lower by Rs 100 per quintal at the wholesale grains market today owing to slackened demand.

However, wheat traded a shade higher on increased offtake by flour mills.

Traders said low demand against ample stocks in the market following increased supplies, kept pressure on rice baasmati prices.

They said, however, increased offtake by flour mills helped wheat prices to trade higher.

In the national capital, rice basmati common and Pusa-1121 variety eased by Rs 100 each to Rs 5,400-5500 and Rs 4,350-5,200 per quintal respectively.

On the other hand, wheat dara (for mills) rose by Rs 15 to Rs 1,640-1,645 per quintal. Atta chakki delivery followed suit and traded higher by a similar margin to Rs 1,645-1,650 per 90 kg.
 

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

Wheat MP (desi) Rs 1,850-2,100, Wheat dara (for mills) Rs 1,640-1,645, Chakki atta (delivery) Rs 1,645-1,650, Atta Rajdhani (10 kg) Rs 265, Shakti Bhog (10 kg) Rs 265, Roller flour mill Rs 850-860 (50 kg), Maida Rs 930-950 (50 kg) and Sooji Rs 980-990 (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 5,400-5,500, Rice Pusa (1121) Rs 4,350-5,200, Permal raw Rs 1,900-1,950, Permal wand Rs 2,075-2,125, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,775-1,800, Bajra Rs 1,600-1,605, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,450-1,460, Barley Rs 1,610-1,615.

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First Published: May 11 2016 | 2:32 PM IST

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