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Fresh buying pushed Pusa-1121 and Sharbati rice prices upwards, while other aromatic and non-basmati varieties managed to maintain their previous levels on Tuesday.
Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that bulk buyers bought Pusa-1121 and Sharbati varieties. A marginal uptrend was anticipated and not an upward movement of Rs 200-500 a quintal, he said.
It is unlikely to see any major alteration this week and the market may continue to rule around current levels, said Chandna. In the physical market, Pusa-1121 (steam) moved up by Rs 500 to Rs 9,000 a quintal, while Pusa-1121 (sela) improved by Rs 400 to Rs 8,000.
Pure Basmati (raw) was quoted at Rs 12,500/quintal. Duplicate Basmati (steam) was sold at Rs 7,000.
Pusa-1121 (second wand) was sold at Rs 7,000, Tibar at Rs 6,000, and Dubar at Rs 5,000.
In the non-basmati section, prices of Sharbati (steam) increased by Rs 200 to Rs 5,000; Sharbati (sela) was up by Rs 300 to Rs 4,800. Permal (raw) was sold at Rs 2,300, Permal (sela) at Rs 2,350, PR-11 (sela) at Rs 2,900, while PR-11 (raw) was sold at Rs 2,800. PR14 (steam) sold at Rs 3,200.
Paddy Arrivals About 10,000 bags of different paddy varieties arrived at the Karnal Grain Market Terminal. About 5,000 bags of Pusa-1121 arrived and were sold at Rs 4,250; 2,000 bags of Sugandha 999 were sold at Rs 2,600-2,650, 2,000 bags of PR were sold at Rs 1,325-1,350, and 1,000 Sharbati bags at Rs 2,200-2,225.
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