Commodities

Mixed trend in rice market

| Updated on: Apr 28, 2011
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The rice market witnessed a mixed trend on Thursday after seeing some upward movement at the start of the week. Prices of Pusa-1121 varieties rose further, pure basmati rice dropped, while other aromatic and non-basmati rice varieties witnessed a steady trend.

Some overseas and domestic demand pushed the prices of Pusa-1121 up and it may increase further in upcoming days, said Mr Amit Chandna, Proprietor of Hanuman Rice Trading Company. The market had witnessed a rise this week and traders expect the market to witness more buying coming week.

Prices of Pusa 1121(steam) continued to witness the uptrend and rose further by Rs 25 and ruled at Rs 5,150-5,450 a quintal, Pusa-1121(sela) increased by Rs 30 and was quoted at Rs 4,150-4,400, and Pusa-1121(raw) at Rs 5,150.

Prices of duplicate basmati ruled flat and quoted at Rs 3,720-4,080 a quintal. Prices of Pure Basmati (Raw) ruled around Rs 7,000/quintal.

For the brokens of Pusa 1121, Tibar was quoted at Rs 3,100-3,560, Dubar at Rs 2,400-2,700 and Mongra Rs 1,900-2,250.

Sharbati (steam) quoted at Rs 3,050-3,220, while the Sharbati (Raw) was at Rs 2,800-2,990/quintal.

PR-11 (sela) ruled at Rs 2,050-2,175 and PR-11(Raw) was quoted at Rs 2,050-2,225/quintal. Permal (sela) quoted at Rs 1,700-1,975/quintal, while Permal (Raw) traded at Rs 1,850-2,040/quintal.

For the brokens of Sharbati variety, Tibar was quoted at Rs 2,350-2,500, Dubar was at 2,100-2,230 and Mongra ruled around Rs 1,800/quintal.

Published on April 28, 2011

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