Paddy arrivals dropped to just around 2,000 bags at the Karnal grain market terminal due to the Bharat bandh on Thursday.

Tara Chand Sharma, proprietor of Tara Chand and Sons, told Business Line that all markets and business establishments remained closed and there was no physical trading in the market. Only a few farmers arrived with their produce.

However, traders took orders on phone but they did not dispatch the consignments, he added Pure Basmati rice varieties fell on low demand while all the other aromatic and non-basmati varieties remained unchanged.

Pusa-1121 (steam) quoted at Rs 5,900 a quintal while Pusa-1121 (sela) at Rs 4,800.

Pure basmati (raw) eased by Rs 500 at Rs 5,800 while pure basmati (sela) sold at Rs 4,700, Rs 100 down from the previous level. Prices of pure basmati varieties may decrease further in the upcoming days while all the other rice varieties are likely to rule around current levels, said market sources. Duplicate basmati traded at Rs 4,750.

For the brokens of Pusa-1121, Tibar sold at Rs 3,250; Dubar Rs 2,800 and Mongra Rs 2,400. Sharbati (steam) quoted at Rs 3,900; Sharbati (sela) Rs 3,770. PR-11 (sela) sold for Rs 2,650; PR-11 (raw) Rs 2,550. Permal (raw) sold at Rs 2,200-2,250; Permal (sela) Rs 2,300. Around 2,000 bags of PR variety arrived at the Karnal grain market terminal and sold at Rs 1,000-1,250.

(This article was published on September 20, 2012)
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