Rice Basmati Rises On Exports Deman

Rice basmati prices firmed up to Rs 200 per quintal at the wholesale grains market today on increased offtake by stockists driven by rising export demand.

However, other grains including wheat moved in a tight range in scattered deals and settled around previous levels.

Traders said increased offtake by stockists to meet rising demand from exporters, mainly influenced rice basmati prices.

In the national capital, rice basmati Pusa-1121 and basmati common variety rose by Rs 200 and Rs 100 to Rs 7,300-9,800 and Rs 9,000-9,700 per quintal respectively.

Wheat MP (deshi) 2,245-2,445, Wheat dara (for mills) 1,570-1,575, Chakki atta (delivery) 1,575-1,580, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 815-825 (50 kg), Maida 930-945 (50 kg) and Sooji 980-1,000 (50 kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 9,000-9,700, Rice Pusa- (1121) new 7,300-9,800, Permal raw 2,100-2,150, Permal wand 2,200-2,300, Sela 2,700-2,800 and Rice IR-8-1,900-1,950, Bajra 1,220-1,225, Jowar yellow 1,400-1,420, white 2,325-2,525, Maize 1,220-1,230, Barley 1,460-1,465.

Source : business-standard.com