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After ruling firm at the beginning of this week, prices of aromatic rice dropped marginally while the non-basmati rice rose from their upper levels on Thursday.
Sluggish domestic and overseas demand pulled the aromatic rice down while some buying lifted the non-basmati varieties up, said Mr Amit Chandna, proprietor of Hanuman Rice Trading Company. It is hard to anticipate that where the market will go from now at present, he added.
Prices of Pussa 1121(steam) rice dropped by Rs25 ruled at Rs 5,150-5,350 a quintal, Pusa-1121(sela) dropped by 20 and was quoted at Rs 4,150-4,330, and Pusa-1121(raw) was at Rs 5,100-5,140. Prices of duplicate basmati dropped by Rs 20 and quoted at Rs 3,700-4,050 a quintal. Prices of Pure Basmati (Raw) ruled at Rs 7,500 a quintal.
Farmers are looking forward to grow “Satthi Dhan” (summer paddy) but the Agricultural Department has warned them to not grow ‘Satthi' otherwise they will destroy their saplings.
It's a harmful practice as ‘Satthi' consumes high amount of ground water, said an agricultural expert.
On the other hand, annoyed farmers have given two options to the local administration, either impose a ban on the trading of ‘Satthi Dhan' which arrives from Uttar Pradesh or allow us to grow.
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