Comments
New trade enquires pushed up Pusa-1121 (sela) and duplicate basmati prices, while all other aromatic and non-basmati rice varieties were unchanged on Monday.
In overseas markets, Indian white rice touched $455-$465 a tonne (f.o.b.) last week, up from $440-$450 a week ago.
Demand for Indian rice abroad is rising and recently traders signed new contracts for aromatic varieties, said Mr Tara Chand Sharma, proprietor of Tara Chand and Sons. A weak dollar against the rupee also supported the rise in prices, he added.
On the physical market, Pusa-1121 (steam) quoted at Rs 4,000-4,100 a quintal while Pusa-1121 (sela) went up Rs 100 at Rs 3,500. Duplicate basmati increased by Rs 50 at Rs 3,150-3,250 a quintal.
Pure basmati (raw) sold at Rs 4,500 a quintal, while pure basmati (sela) sold at Rs 4,100-4,150.
For the brokens of Pusa-1121, Tibar sold at Rs 3,300, Dubar was at Rs 2,800 while Mongra traded at Rs 2,250 a quintal. Permal (sela) sold at Rs 2,125-2,210 a quintal, while Permal (raw) quoted at Rs 2,150-2,200.
Around 2,000 bags of aromatic paddy varieties arrived at the Karnal grain market terminal.
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.