Comments
The rice market witnessed a downtrend on Monday as aromatic rice and non-basmati varieties dropped by Rs 15-50 a quintal on low buying.
Mr Amit Chandna, Proprietor of Hanuman Rice Trading Company, told Business Line that demand from domestic and overseas markets is weak. Sluggish demand against ample stocks pulled down prices , he added.
Pusa-1121 varieties dropped by Rs 30-50 a quintal. Pusa-1121(steam) dropped by Rs 50 and quoted at Rs 4,950 a quintal, Pusa-1121 ( sela ) decreased by Rs 30 and ruled around Rs 3,970, and Pusa-1121 (raw) was trading at Rs 4,570 a quintal.
Duplicate basmati decreased by Rs 30 and quoted at Rs 3,500-3,550 a quintal. Pure basmati (raw) ruled at Rs 6,400-6,500 a quintal. Among the brokens of Pusa-1121, Tibar was quoted at Rs
3,100-3,300, Dubar at Rs 2,500-2,600 and Mongra at Rs 1,900-2,125.
After ruling firm the past weekend, non-basmati varieties were ruling with marginal variations. Sharbati (steam) dropped by Rs 20 and quoted at Rs 3,000-3,030, and Sharbati ( sela ) decreased by Rs 15 at Rs 2,800-2,850 a quintal.
PR-11 ( sela ) increased marginally by Rs 10 and ruled at Rs 2,000-2,185, and PR-11(raw) quoted at Rs 1,950-2,130 a quintal. Permal varieties remained unchanged. Permal ( sela ) was ruling at Rs 1,700-1,940 a quintal, and Permal (raw) traded at Rs 1,900-2,090 a quintal.
Among brokens of the Sharbati variety, Tibar was quoted at Rs 2,350-2,500, Dubar was at 2,100-2,200 and Mongra ruled around Rs 1,700-1,750 a quintal.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.