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Rice declines on low demand, jowar strengthens

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Press Trust of India New Delhi
Rice prices fell by up to Rs 150 per quintal, while jowar prices rose by Rs 50 per quintal at the wholesale grains market today.

However, movements in other grains remained erratic in the absence of worthwhile activity and settled around previous closing.

Traders said fall in demand from stockists and retailers against pick up in supplies, led to fall in rice prices.

In the national capital, rice sela traded lower at Rs 2,850-2,900 per quintal as against previous closing of Rs 3000-3150, while rice IR-8 shed Rs30 to Rs 1840-1850 per quintal.

However, jowar (yellow) and (white) traded higher at Rs 2,000-2,075 and Rs 3,600-3,700 per quintal against last close of Rs 1950-2050 and Rs 3,550-3,650 Following are today's quotations (in Rs per quintal):
 

Wheat MP (desi) Rs 2,300-2,850, Wheat dara (for mills) Rs 1,775-1,780, Chakki atta (delivery) Rs 1,785-1,790, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 940-970 (50 kg), Maida Rs 1,000-1,010 (50 kg) and Sooji Rs 1,070-1,080 (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 5,600-5,800, Rice Pusa (1121) Rs 4,500-5,400, Permal raw Rs 2,000-2,050, Permal wand Rs 2,175-2,250, Sela Rs 2,850-2,900 and Rice IR-8 Rs 1,840-1,850, Bajra Rs 1,550-1,560, Jowar yellow Rs 2,000-2,075, white Rs 3,600-3,700, Maize Rs 1,570-1,580, Barley Rs 1,540-1,545.

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First Published: Jul 27 2016 | 2:42 PM IST

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