Agri Business

Steady trend in rice market

Our Correspondent Karnal | Updated on March 02, 2011

non-basmati rice

The rice market witnessed a steady trend with prices of aromatic and non-basmati rice ruling firm on Wednesday.

Prices of aromatic rice have been ruling unchanged since last weekend, while prices of sharbati variety ruled firm on Wednesday, after witnessing a good uptrend in the last few days, said Mr Tara Chand Sharma, a rice trader. Though market is ruling on lower levels, buyers are still keeping themselves out of the market and waiting for more decline in prices, he added.

Prices of Pusa-1121 (steam) ruled at Rs 5,200-5,300 a quintal, Pusa-1121 (sela) ruled at Rs 4,270-4,400, and Pusa-1121 (raw) at Rs 5,150-5,210. Basmati (sela) was sold at Rs 6,200-6,260 and basmati (raw) at Rs 7,300-7,375. Prices of duplicate basmati ruled at Rs 3,970-4,100 a quintal.

Brokens such as Tibar was quoted at Rs 3,000-3,500, Dubar at Rs 2,200-2,610 and Mongra Rs 1,900-2,100.

Prices of sharbati (sela) quoted at around Rs 2,650-2,700, while the Sharbati (steam) at Rs 3,000-3,170.

Permal (sela) ruled at Rs 1,900-2,110 and Permal (steam) at Rs 2,100-2,200 a quintal. For the brokens of Sharbati variety, Tibar was quoted at Rs 2,450, Dubar 2,100 and Mongra Rs 1,475.

Paddy Trading

About 220 bags of Pusa (duplicate basmati) were sold at Rs 2,150-2,170 a quintal and around 250 bags of Pusa-1121 at Rs 2,090-2,420 a quintal. Around 300 bags were sold at Rs 2,250-2,600 a quintal.

Published on March 02, 2011

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