Some fresh buying pushed Sharbati rice prices upwards, while all other aromatic and non-basmati rice varieties managed to maintain their previous levels, on Monday.
Amit Chandna, Proprietor of Hanuman Rice Trading Company, told Business Line that due to moderate buying Sharbati rice varieties moved up while all other rice varieties ruled firm.Trade enquires continued to strengthen the market sentiment, he said. It is unlikely to see any major alteration this week and market may continue to rule around current levels, he said.
In the physical market, Sharbati (steam) went up by Rs 100 and quoted at Rs 4,900-5,000 a quintal while Sharbati (sela) was at Rs 4,800, up Rs 200.
Pusa-1121 (steam) sold at Rs 7,500 while Pusa-1121 (sela) quoted at Rs 6,600. Pure basmati (raw) quoted at Rs 8,500. Duplicate basmati (steam) traded at Rs 6,400.PR-11 (sela) was at Rs 3,175 while PR-11 (Raw) quoted at Rs 2,850-2,900 a quintal. Permal (raw) sold at Rs 2,400 while Permal (sela) went for Rs 2,350.
For the brokens of Pusa-1121, Dubar quoted at Rs 3,250, Tibar sold at Rs 4,300 while Mongra was at Rs 2,540 a quintal.
About 500 bags of PR variety arrived and went for Rs 1,320 a quintal. Sharbati arrived with a stock of around 1,000 bags and quoted at Rs 2,130. About 2,000 bags of Pusa-1121 arrived and fetched Rs 3,500 a quintal.