Rice Prices Basmati Fall 100 per Quintal in May 2011

Rice basmati fell by Rs 100 per quintal in an otherwise steady wholesale grains market owing to sluggish demand at prevailing levels. Traders said slackness in demand against sufficient stocks mainly led to fall in wholesale rice basmati prices. In the national capital, rice basmati common and Pusa-1121 varieties declined by Rs 100 each to Rs 5,300-5,400 and Rs 4,200-5,200 per quintal, respectively.

Following are today''s quotations in Rs per quintal: Wheat MP (deshi) 1,600-1,750, wheat dara (for mills) 1,165-1,170 chakki atta (delivery) 1,180-1,185, atta Rajdhani (10 kg) 175, Shakti bhog (10 kg) 175, Roller flour mill 640-660 (50 kg), Maida 700-730 (50 kg) and Sooji 750-770 (50 kg). Basmati rice (Lal Quila) 9,500, Shri Lal Mahal 9,300, super basmati rice 9,000, Basmati common 5,300-5,400, rice Pusa-(1121) 4,200-5,200, Permal raw 1,825-1,875, Permal wand 2,000-2,100, Sela 2,100-2,150 and Rice IR-8 1,700-1,725, Bajra 990-1000, Jowar yellow 1,050-1,120, white 1,850-1,895, Maize 1,250-1,260, Barley 1,320-1325 and Rajasthan 1,080-1,090. PTI SUN RS KPS.