The rice market witnessed a steady trend even as trading remained lukewarm on Monday. Prices of aromatic and non-basmati varieties were mostly unchanged.
Traders are waiting for prices to stabilise as they don't want to bear any more loss, said Mr Praveen Kumar, a rice miller. Prices may continue to rule around current levels in this week, he added.
Pusa-1121 (steam) continued to rule flat and quoted at Rs 5,000 a quintal. After witnessing a drop last weekend, Pusa-1121( sela ) and Pusa-1121 (raw) managed to maintain their previous levels and ruled at Rs 4,000 and Rs 4,600 a quintal, respectively.
Prices of duplicate basmati were at Rs 3,500-3,600 a quintal. Pure basmati (raw) ruled at Rs 6,500 a quintal.
Prices for the brokens of Pusa-1121, Tibar was quoted at Rs 3,100-3,350, Dubar quoted at Rs 2,500-2,650 and Mongra was at Rs 1,900-2,150. Sharbati (steam) quoted at Rs 3,000-3,100 and Sharbati ( sela ) ruled between Rs 2,800-2,900 a quintal.
After witnessing an uptrend last weekend, PR-11 varieties remained unchanged. PR-11 ( sela ) ruled at Rs 2,000-2,200 and PR-11(raw) quoted at Rs 1,950-2,150 a quintal.
Permal ( sela ) quoted at Rs 1,750-1,970 a quintal and Permal (raw) traded at Rs 1,900-2,100 a quintal. Among 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 1,750-1,800 a quintal.
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.