Commodities

Rice rules steady on lukewarm trading

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

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After witnessing an uptrend at the beginning of this week, the rice market on Wednesday ruled steady and prices were firm.

Prices of aromatic and non-basmati rice were unchanged. 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.

Because of lukewarm trading, the prices ruled unchanged, said Mr Amit Chandna, Proprietor, Hanuman Rice Trading Company.

While the market may witness a rally in the first week of February, major changes in prices are unlikely this week, 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 ruled 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 3,000 bags of PR sold between Rs 1,040 and Rs 1,060.

About 1,500 bags of Sharbati ruled at Rs 1,500-1,550.

Sugandha-999 arrived in about 2,500 bags, and quoted at Rs 1,500-1,600.

Around 2,500 bags of Pusa (duplicate basmati) quoted at Rs 2,000-2,100, around 6,000 bags of Pusa-1121 at Rs 2,100-2,550, and about 3,000 bags of pure basmati, Rs 2,200-2,700.

Published on January 25, 2011
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