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Grains: In restricted activity, prices of rice basmati

Traders said easing demand from stockists against adequate stocks position, mainly weighed on rice basmati and non-basmati prices.

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and non-basmati declined at the wholesale grains market during the week largely due to fall in demand against adequate stocks position.

However, barley and maize prices went up on increased offtake by consuming industries.

Traders said easing demand from stockists against adequate stocks position, mainly weighed on rice basmati and non-basmati prices.

Meanwhile, sowing area under paddy has gone up by 4.5 per cent to 126 lakh hectares so far, the Agriculture Ministry said.

In the national capital, rice basmati common and Pusa- 1121 variety slipped to Rs 6,500-6,700 and Rs 5,250-5,300 from previous week's levels of Rs 6,800-7,100 and Rs 5,500-5,550 per quintal, respectively.

Non-basmati rice permal raw, wand and sela settled lower at Rs 2,200-2,225, Rs 2,250-2,275 and Rs 2,400-2,500 as compared to last close of 2,225-2,250, Rs 2,275-2,300 and Rs 2,500-2,600 per quintal, respectively in line with basmati trend.

However, other bold grains like barley and maize edged up to Rs 1,340-1,345 and Rs 1,500-1,510 from previous levels of Rs 1,335-1,340 and Rs 1,450-1,460 per quintal, respectively.

(MORE)

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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