Commodities

Rice rules flat in lukewarm trade

Our Bureau Karnal | Updated on January 25, 2011 Published on January 25, 2011

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With trading being lukewarm, prices of aromatic and non-basmati rice ruled flat on Friday.

Rice prices have been ruling unchanged since Monday. Pusa-1121 steam ruled at Rs 5,250-5,300 a quintal, Pusa-1121 sela at Rs 4,300-4,500, and Pusa-1121 at Rs 5,200-5,250.

Pusa (sela) ruled at Rs 3,200-3,250, and Pusa (raw) around Rs 4,250. Basmati sela quoted at Rs 5,800, and basmati raw, Rs 6,800.

The market has not seen any alteration in prices since Monday and it's unlikely to see any major alteration in the next few days too, said Mr Amit Chandna, Proprietor, Hanuman Rice Trading Company. Though the weather has turned favourable and traders are expecting good trading sessions this week, buyers are keeping themselves out of the market, he added.

Prices of brokens of 1121 variety were: Tibar was at Rs 3,400, Dubar at Rs 2,400, and Mongra at Rs 1,700.

For the brokens of Sharbati variety, Tibar quoted at Rs 2,600, Dubar was at 2,100 and Mongra, Rs 1,500.

Permal sela sold at Rs 1,800-2,150, while Permal steam sold at Rs 2,100-2,200 a quintal.

Sharbati sela sold at around Rs 2,700 and Sharbati steam at Rs 3,100 a quintal.

Paddy trading

Around 2,500 bags of PR sold between Rs 1,020 and Rs 1,050.About 2,000 bags of Sharbati ruled at Rs 1,525-1,570.Sugandha-999 arrived in about 2,000 bags, and quoted at Rs 1,550-1,630.

Around 3,000 bags of Pusa (duplicate basmati) quoted at Rs 2,000-2,150, around 5,000 bags of Pusa-1121 at Rs 2,100-2,600, and about 2,500 bags of pure basmati, Rs 2,200-2,650.

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Published on January 25, 2011
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