Agri Business

Rice firm on slack trading

Our Correspondent Karnal | Updated on March 16, 2011

Harvested paddy being packed in gunny bags at a paddy field near Thrissur.File Photo: K. K. Mustafah   -  Business Line

Prices of aromatic and non-basmati rice ruled almost unchanged on Wednesday with trading being slack.

The market had witnessed an uptrend at the beginning of this week but it's unlikely to see big rallies in near future as bulk buyers are still keeping themselves out of the market, said Mr Parveen Kumar, a rice miller. Market may continue to rule around current levels in this week, he added.

Prices of Pusa 1121 rice (steam) ruled at Rs 5,180-5,250 a quintal, Pusa-1121(sela) ruled at Rs 4,200-4,330, and Pusa-1121(raw) at Rs 5,100-5,140. Basmati (sela) was sold at Rs 6,200-6,250 and basmati (raw) at Rs 7,300-7,340. Prices of duplicate basmati ruled at Rs 3,960-4,060 a quintal.

Brokens such as, Tibar was quoted at Rs 3,000-3,520, Dubar at Rs 2,200-2,625 and Mongra was at Rs 1,900-2,120.

Sharbati (sela) quoted at around Rs 2,600-2,720 while the Sharbati (steam) at Rs 3,000-3,165.

Permal (sela) ruled at Rs 1,900-2,110 and Permal (steam) was at Rs 2,100-2,190 a quintal. For the brokens of Sharbati variety, Tibar was quoted at Rs 2,450, Dubar was at 2,120 and Mongra was at Rs 1,490.

Paddy Trading

Around 90 bags of Pusa-1121 arrived and were sold at Rs 2,100-2,400 a quintal. Around 100 bags of pure basmati arrived and were sold at Rs 2,400-2,630 a quintal.

Published on March 16, 2011

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