Rice basmati strengthens on rising demand

Rice basmati prices advanced by up to Rs 200 per quintal at the wholesale grains market today on increased demand from stockists.

However, barley slipped on reduced offtake by consuming industries.

Traders said increased demand from stockists against restricted supplies from producing belts mainly kept rice basmati prices higher.

In the national capital, rice basmati common and Pusa-1121 variety strengthened to Rs 6,300-6,400 and Rs 4,950-5,025 from previous levels of Rs 6,200-6,300 and Rs 4,800-4,825 per quintal, respectively.

On the other hand, barley fell by Rs 25 to Rs 1,450- 1,460 per quintal.

Following are today's quotations (in Rs per quintal): Wheat MP (desi) Rs 2,100-2,350, Wheat dara (for mills) Rs 1,780-1,785, Chakki atta (delivery) Rs 1,785-1,790, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 970-980 (50 kg), Maida Rs 1,010-1,020 (50 kg)and Sooji Rs 1,040-1,045 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 6,300-6,400, Rice Pusa (1121) Rs 4,950-5,025, Permal raw Rs 2,150-2,175, Permal wand Rs 2,200-2,225, Sela Rs 2,300-2,400 and Rice IR-8 Rs 1,825-1,850, Bajra Rs 1,170-1,175, Jowar yellow Rs 1,400-1,450, white Rs 2,800-2,900, Maize Rs 1,310-1,320, Barley Rs 1,450-1,460.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)