Rice basmati, non-basmati weakens on subdued demand

NEW DELHI, Nov 29:  Rice basmati prices softened at the wholesale market today owing to slackened demand against adequate supplies from producing belts.
Traders said easing demand amidst adequate stocks position mainly led to the decline in rice basmati prices.
In the national capital, rice basmati Pusa-1121 variety eased to Rs 5,150-6,100 per quintal.
Non-basmati rice permal raw, wand and IR-8 also ended lower at Rs 2,050-2,125, Rs 2,150-2,300 and Rs 1,900-1,925 as compared to previous levels of Rs 2,100-2,150, Rs 2,250-2,300 and Rs 1,925-1,975 per quintal respectively.
Following are today’s quotations (in Rs per quintal):
Wheat MP (deshi) 2,250-2,650, Wheat dara (for mills) 1,630-1,635, Chakki atta (delivery) 1,635-1,640, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill Rs 860-880 (50 kg), Maida 920-925 (50 kg) and Sooji 1,050-1,060 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 7,000-7,500, Rice Pusa (1121) 5,150-6,100, Permal raw 2,050-2,125, Permal wand 2,150-2,300, Sela 2,650-2,700 and Rice IR-8 1,900-1,925, Bajra 1,100-1,105, Jowar yellow 1,300-1,375, white 2,300-2,450, Maize 1,275-1,300, Barley 1,560-1,570. (PTI)