Rice basmati extends gain on rising demand

17.10.2016

Rice basmati prices advanced by up to Rs 100 per quintal at the wholesale grains market today on surging demand from retailers.

However, other grains continued to trade in a tight range in scattered deals and settled around previous levels.

Traders said apart from rising demand from retailers against tight stocks position on restricted supplies from producing regions mainly kept rice basmati prices higher.

In the national capital, rice basmati common and Pusa-1121 variety ended higher at Rs 4,900-5,100 and Rs 4,100-5,000 from previous levels of Rs 4,800-5,000 and Rs 4,050-4,900 per quintal respectively.

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

Wheat MP (desi) Rs 2,300-2,835, Wheat dara (for mills) Rs 1,840-1,845, Chakki atta (delivery) Rs 1,845-1,850, Atta Rajdhani (10 kg) Rs 275, Shakti Bhog (10 kg) Rs 275, Roller flour mill Rs 950-960 (50 kg), Maida Rs 1,050-1,060 (50 kg) and Sooji Rs 1,150-1,160 (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 4,900-5,100, Rice Pusa (1121) Rs 4,100-5,000, Permal raw Rs 2,000-2,050, Permal wand Rs 2,125-2,200, Sela Rs 2,800-2,900 and Rice IR-8 Rs 1,850-1,860, Bajra Rs 1,300-1,305, Jowar yellow Rs 1,750-1,800, white Rs 3,400-3,600, Maize Rs 1,540-1,550, Barley Rs 1,610-1,615.


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