India internal rice market prices

A steady trend prevailed in the rice market with prices of aromatic and non-basmati varieties maintaining their previous levels on Thursday.

Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that moderate buying kept the price unchanged. Retail buyers are purchasing limited quantity following too much volatility in the market. Traders expect the market to witness some good levels in days to come by as market sentiments are still largely positive, he said.

In the physical market, after witnessing an uptrend earlier this week, aromatic and non-basmati varieties remained unaltered.

Pusa-1121 (steam) sold at Rs 6,700-6,800 a quintal while Pusa-1121 (sela) went for Rs 5,800.

Pure basmati (raw) quoted at Rs 8,000. Duplicate basmati (steam) traded at Rs 5,500-5,600.

Sharbati (steam) quoted at Rs 4,300 while Sharbati (sela) was at Rs 4,175.

PR-11 (sela) was sold at Rs 2,550-2,650 while PR-11 (raw) quoted at Rs 2,550-2,600. Permal (raw) sold at Rs 2,200-2,300 while Permal (sela) went for Rs 2,150-2,300.

PADDY ARRIVALS

About 2,000 bags of PR variety arrived and went for Rs 1,150-1,200, Sharbati arrived with a stock of around 1,500 bags and quoted at Rs 2,100-2,135. About 1,000 bags of Sugandha 999 went for Rs 2,600-2,700.

About 5,000 bags of Pusa-1121 arrived and quoted at Rs 3,000-3,250 a quintal.