Paddy arrivals increased to 30,000 bags of different varieties on Thursday at the Karnal grain market terminal.
Tara Chand Sharma, Proprietor of Tara Chand and Sons, told Business Line that the arrivals have increased over the last three days and the stocks were lifted by the rice millers. However, rice millers and traders are a bit unhappy with the quality of the stocks, he added.
Traders expect the quality to be better in the coming days as the weather has turned favourable for the crop, said Sharma.
Government agencies are expected to start procuring fresh arrivals of paddy from October 1, when the kharif marketing season commences.
In the physicals market, after witnessing a fall earlier this week, almost all rice varieties managed to maintain their previous levels. Rice market is likely to rule range-bound for the next few days, said Amit Kumar, Proprietor of Ginni Rice.
Pusa-1121 (steam) quoted at Rs 5,800 a quintal while Pusa-1121 (sela) sold at Rs 4,725.
Pure basmati (raw) quoted at Rs 5,500 while pure basmati (sela) sold at Rs 4,600. Duplicate basmati traded at Rs 4,700.
For the brokens of Pusa-1121, Tibar sold at Rs 3,250; Dubar ruled at Rs 2,800 and Mongra at Rs 2,400.
Sharbati (steam) quoted at Rs 3,800 while Sharbati (sela) quoted at Rs 3,700.
PR-11 (sela) sold for Rs 2,600 while PR-11 (Raw) quoted at Rs 2,500. Permal (raw) sold at Rs 2,200 while Permal (sela) went for Rs 2,250.
Paddy Arrivals
Around 30,000 bags of different paddy varieties arrived. About 25,000 bags of PR variety arrived and went for Rs 1,050-1,285, Sharbati arrived with a stock of around 3,000 bags and quoted at Rs 1,650-1,850 while just around 1,000 bags of Sugandha variety arrived and sold at Rs 1,750-1,850.