Commodities

Aromatic rice varieties rise on demand

Nitish Sharma Karnal | Updated on April 06, 2011

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Prices of aromatic rice increased by Rs 10-30 a quintal and those of non-basmati varieties rose marginally. Mr Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that the weather has turned favourable for the trade, and domestic demand is pushing up prices. Traders expect that the market may rule firm at current levels for the next few days, and then may witness a good rally, he added.

On Wednesday, Pusa 1121 rice (steam) increased by Rs 30 to rule at Rs 5,150-5,380 a quintal, Pusa-1121 (sela) rose by Rs 20 to Rs 4,150-4,360, and Pusa-1121 (raw) was at Rs 5,100-5,160. Prices of duplicate basmati rose by Rs 15 to Rs 3,710-4,075 a quintal. Pure basmati (raw) was quoted at Rs 7,520 a quintal.

Among brokens, Tibar was quoted at Rs 3,050-3,365, Dubar at Rs 2,350-2,610 and Mongra at Rs 1,850-2,130.

Prices of non-basmati rice varieties rose marginally from their previous levels. Sharbati (steam) was quoted at Rs 3,030-3,080 and Sharbati (raw) was at Rs 2,800-2,925 a quintal.

PR-11 (sela) ruled at Rs 2,020-2,080 and PR-11(Raw) was quoted at Rs 2,000-2,150 a quintal. Permal (sela) quoted at Rs 1,650-1,940 a quintal and Permal (raw) traded at Rs 1,800-1,910 a quintal. For the brokens of Sharbati variety, Tibar was quoted at Rs 2,375, Dubar was at 2,100-2,140 and Mongra was at Rs 1,450.

Published on April 06, 2011

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