Commodities

Cold weather halts trading in rice

Our Correspondent Karnal | Updated on November 09, 2017 Published on January 10, 2011

BL11_COM2_RICE

With trading turning sluggish, prices of aromatic and non-basmati rice ruled flat.

The cold weather has brought rice trading to a standstill, said Mr Amit Chandna, Proprietor of Hanuman Rice Trading Company. Traders expect a good rally in the market in the first week of February, he said.

On Monday, Pusa-1121 steam (new) ruled at Rs 5,150-5,180 a quintal, while the old variety was quoted at around Rs 5,200-5,250.

Pusa-1121 sela (new) was at Rs 4,100-4,150; old variety was at Rs 4,250. Pusa-1121 raw (new) ruled around Rs 5,080, while the old variety was quoted at around Rs 5,200.

Pusa (sela) ruled at Rs 3,150-3,200 and Pusa (raw) around Rs 4,200. Basmati sela quoted at Rs 5,950-6,000, and basmati raw at Rs 6,950-7,000.

Brokens such as Tibar was at Rs 3,100, Dubar at Rs 2,300, and Mongra at Rs 2,000. Permal sela ruled at Rs 2,000-2,150, while Permal steam ruled at Rs 2,170 a quintal. Sharbati sela sold at around Rs 2,700 and Sharbati steam at Rs 2,970-3,000 a quintal.

Around 2,000 bags of PR were sold between Rs 1,000 and Rs 1,025. About 2,000 bags of Sharbati ruled at Rs 1,550. Sugandha-999 arrived in about 5,000 bags, and was quoted at Rs 1,400-1,550.

Around 2,000 bags of Pusa (duplicate basmati) were quoted at Rs 2,000-2,150. Around 10,000 bags of Pusa-1121 ruled at Rs 1,900-2,300. About 3,000 bags of pure basmati quoted at Rs 2,400-2,600.

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Published on January 10, 2011
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