Prices of aromatic and non-basmati rice quoted with nominal variations on Wednesday with trading being slack.
Ample stocks and easy availability against low offtake in the markets kept prices of almost all rice varieties unchanged, said Mr Praveen Kumar, a rice miller. There is no bulk buying in the market as traders are already having huge stocks with them and they are not even getting fair margins by selling on current levels. As the mercury rises, demand will increase, he said.
In the physical market, Pusa-1121(steam) quoted at Rs 3,920-4,000 a quintal while Pusa-1121(sela) sold at Rs 3,400-3,500 a quintal.
Duplicate Basmati sold at Rs 3,200-3,300 a quintal. Pure Basmati (Raw) sold at Rs 4,400-4,500 a quintal, while Pure Basmati (Sela) was at Rs 3,950-4,000 a quintal.
Among the brokens of Pusa-1121, Tibar sold at Rs 2,800, Dubar was at Rs 2,420 while Mongra was trading at Rs 1,950 a quintal.
Sharbati (steam) at Rs2,800-2,830 while the Sharbati (Sela) sold at Rs 2,700-2,750 a quintal.
Permal (sela) sold at Rs 2,000-2,125 a quintal, while Permal (Raw) quoted at Rs 2,000-2,150 a quintal. Sugandha (Steam) was trading at Rs 3,200 a quintal while PR14 (steam) was trading at Rs 3,300 a quintal.
Branded rice such as Sri Lal Mahal and Lal Quila were quoted at Rs 9,100 and 9,000 a quintal, respectively.
Keywords: Rice rates