Rice prices show mixed trend

On Friday (25 February 2011), the rice market witnessed a mixed trend with prices of a few aromatic and non-basmati varieties rising, while dropping for some other varieties marginally. The prices of Pusa-1121 (steam) dropped by Rs. 40 and ruled at Rs. 5,200-Rs 5,300 per quintal, Pusa-1121(sela) rose by 50 and ruled at Rs. 4,250-Rs 4,400, and Pusa-1121 (raw) at Rs. 5,150-Rs 5,200. Basmati (sela) was sold at Rs. 6,200-Rs 6,260 and basmati (raw) at Rs. 7,300-Rs 7,370. The prices of duplicate basmati rose by Rs. 130 and ruled at Rs. 3,950-Rs 4,100 per quintal.

Brokens of aromatic varieties moved up by 100 a quintal. Tibar was quoted at Rs. 3,000-Rs 3,500, Dubar at Rs. 2,200-Rs 2,600 and Mongra was at Rs. 1,900-Rs 2,100. The prices of sharbati varieties rose by Rs. 30-Rs 100 a quintal, sharbati (sela) was sold at around Rs.2,650-Rs 2,670 while the Sharbati (steam) at Rs. 3,000-Rs 3,150.

Permal (sela) ruled at Rs. 1,900-Rs 2,100 and Permal (steam) was at Rs. 2,100-Rs 2,200 per quintal. For the brokens of Sharbati variety, Tibar dropped by Rs. 50 and was quoted atRs. 2,450, Dubar rose by Rs. 40 and was at Rs. 2,090 and Mongra was at Rs. 1,470. About 470 bags of Pusa (duplicate basmati) went for Rs. 2,050 per quintal and around 500 bags of Pusa-1121 at Rs. 2,000-Rs 2,350 per quintal.

(Source: http://www.indiainfoline.com/Markets/News/Rice-prices-show-mixed-trend/3581331831)