After ruling firm earlier this week, pure basmati rice prices decreased by Rs 180-250 a quintal while all the other aromatic and non-basmati varieties continued to rule firm, on Friday.

After a huge rally in rice market, retail buyers are waiting for some correction, said Mr Tara Chand Sharma, Proprietor of Tara Chand and Sons.

In the physical market, following low buying prices of Pure basmati (raw) eased Rs 250 and settled at Rs 5,000 while pure basmati (sela) sold at Rs 4,600 a quintal, Rs 180 down from the previous level.

Except pure basmati variety, prices of all the other aromatic and non-basmati varieties have been ruling almost unchanged since Monday.

Pusa-1121 (steam) quoted at Rs 6,000 a quintal while Pusa-1121 (sela) sold at Rs 4,900-5,000 a quintal.

Duplicate basmati sold at Rs 4,600 a quintal. For the brokens of Pusa-1121, Tibar sold at Rs 3,400-3,550, Dubar at Rs 2,700-2,900 while Mongra was trading at Rs 1,900-2,350 a quintal.

Sharbati (steam) sold at Rs 3,400-3,600 while Sharbati (sela) was at Rs 3,500 a quintal.

Sugandha (steam) went for Rs 3,650-3,750 while PR-14 (steam) sold at Rs 2,300-2,450 a quintal.

Permal (raw) sold at Rs 1,900-2,000, Permal (sela) at Rs 1,800-2,030, PR-11 (sela) at Rs 2,220-2,370 and PR-11 (raw) at Rs 2,125-2,300 a quintal.

Related Topics