With the government agencies starting paddy procurement drive for the kharif season 2012-13 on Wednesday, more-than 1.25 lakh bags of different paddy varieties arrived at the grain market.
Procurement went on smoothly and stocks were lifted by Government agencies and rice mills. In the physical market, rice is range-bound but in the negative territory, said Amit Chandna, proprietor of Hanuman Rice Trading Company.
Pusa-1121 (steam) ruled around at Rs 5,800 a quintal while Pusa-1121 (sela) sold at Rs 4,720. Pure basmati (raw) was Rs 5,500 . Sharbati (steam) ruled at Rs 3,800 while Sharbati (sela) was Rs 3,700. PR-11 (sela) sold for Rs 2,600 while PR-11 (Raw) quoted at Rs 2,500. Permal (raw) sold at Rs 2,200 while Permal (sela) went for Rs 2,250. About 80,000 bags of PR variety arrived for Rs 1,225-1,280 a quintal, Sharbati arrival was around 4,000 bags and quoted at Rs 1,750-1,830 .
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