Aromatic rice flat on low offtake

Our Correspondent Karnal | Updated on December 23, 2011 Published on December 23, 2011

Aromatic and non-basmati rice were flat on Friday.

Local demand is low as prices continue to fall, said Mr Amit Chandna, Proprietor, Hanuman Rice Trading Company. Rice is likely to quote around current prices for the next few days and may witness changes in the first week of January, he added.

After dropping to the season's lowest earlier this week, Pusa-1121 (steam) was flat and quoted at Rs 4,050-4,100 a quintal while Pusa-1121 (sela) was at Rs 3,200 a quintal. Duplicate basmati sold at Rs 3,100-3,250 a quintal.

Pure basmati (sela) sold at Rs 3,700-3,745 a quintal, while basmati (raw) was at Rs 4,100 a quintal.

Among the brokens of Pusa-1121, Tibar sold at Rs 3,000, Dubar was at Rs 2,500 while Mongra was trading at Rs 2,025 a quintal.

Sharbati (steam) quoted around Rs 2,800- 2,900 while Sharbati (sela) was at Rs 2,750-2,765 a quintal.

PR-11 (sela) sold at Rs 2,100-2,200 a quintal, while PR-11 (raw) quoted at Rs 1,900-2,150 a quintal. Permal (sela) sold at Rs 1,800-1,930 a quintal, while Permal (raw) was around Rs 1,900-1,950 a quintal.

Paddy Arrivals

Paddy arrivals remained sluggish with around 12,000 bags of paddy varieties arriving at the Karnal grain market terminal. Around 1,000 bags of PR arrived and sold at Rs 1,030-1,150 a quintal. About 1,000 bags of Sharbati variety arrived and quoted at Rs 1,250-1,290. Around 1,500 bags of DB arrived and sold at Rs 1,320-1,350. Around 6,000 bags of Pusa-1121 arrived and 1,380-1,700 a quintal while around 2,500 bags of pure basmati arrived and sold at Rs 1,700-1,900 a quintal.

Published on December 23, 2011
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