Rice Basmati weak on wholesale Grain Market

Commodity rice basmati remained weak in lacklustre trade on the wholesale grains market on increased supplies from producing belts. Rice basmati common and Pusa-1121 remained weak at Rs 4,900-5,000 and Rs 4,200-4,900 against last close of Rs 5,000-5,100 and Rs 4,300-5,100 per quintal, respectively.

Basmati rice (Lal Quila) 9,500, Shri Lal Mahal 9,500, Super Basmati Rice, 9,000, Basmati common new 4,900-5,000, Rice Pusa-(1121) new 4,200-4,900, Permal raw 1,950-2050, Permal wand 2,200-2,250, Sela 2,450-2,650 and Rice IR-8 1,500-1,600, Bajra 1,090-1,100, Jowar yellow 1,225-1,250, white 2,050-2,250, Maize 1,350-1,360, Barley 1,295-1,310, Rajasthan 1,080-1,090.

Traders said increased supplies from producing belts, mainly kept pressure on rice basmati prices.

The following are today’s quotations per quintal: Wheat MP (deshi) 2,025-2,225, Wheat dara (for mills) 1,580-1,585, Chakki atta (delivery) 1,585-1,590, Atta Rajdhani (10 kg) 210, Shakti bhog (10 kg) 210, Roller flour mill 850-870 (50 kg), Maida 930-950 (50 kg) and Sooji 1020-1,060 (50kg).