Aromatic and non-basmati rice were firm on Wednesday because of some buying.

With the weather turning favourable, demand is picking up in the domestic market, said Mr Amit Chandna, proprietor of Hanuman Rice Trading Company. Traders expect brokens and Permal to remain firm and Sharbati and aromatic varieties to increase in near future, he added.

Indian exporters are getting good enquires from Nigeria, South Africa and Bangladesh, and a panel of Ministers will meet on February 7 to consider allowing further exports of non-basmati rice.

In the physical market, after rising earlier this week aromatic varieties were almost unchanged. Pusa-1121 (steam) quoted at Rs 4,000- 4,100 a quintal while Pusa-1121 (sela) sold at Rs 3,500. Duplicate basmati was at Rs 3,150-3,250 a quintal.

Pure basmati (raw) sold at Rs 4,500 a quintal, while Pure basmati (sela) sold at Rs 4,100-4,150.

For the brokens of Pusa-1121, Tibar sold at Rs 3,320, Dubar was at Rs 2,810 while Mongra was trading at Rs 2,270 a quintal.

Sharbati (steam) was at Rs 2,800-2,830 while Sharbati (sela) sold at Rs 2,750-2,800.

Permal (sela) sold at Rs 2,125-2,220 a quintal, while Permal (raw) quoted at Rs 2,150-2,200.

Paddy Arrivals

Around 2,200 bags of aromatic paddy varieties arrived at the Karnal grain market terminal. Around 1,200 bags of Pusa-1121 arrived and sold at Rs 1,780-1,800 a quintal while about 1,000 bags of pure basmati arrived and sold at Rs 1,875-1,920.

Source: thehindubusinessline.com