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Corona Worries Another Hurdle For Basmati Rice Trade In North India

24 Feb 2021 9:02 pm
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NEW DELHI (Commodities Control) Bearish trend continued in Basmati rice prices in North Indian states due to weak export demand. However, the Prices remained steady for the second day in Punjab, Haryana and Delhi. According to traders, demand was expected to remain weak in March, the last month of current fiscal.



Ramnivas Khurania , a rice trader from Kaithal mandi said that rice demand was very weak in the market. Exporters have huge stock of basmati rice which caused thin trade in spot market. He told that worries of increasing corona cases in some parts of the country also dampened market sentiments as Basmati consumption may impact due to restrictions of celebratory functions including marriages and social functions. According to traders of Delhi, the trade remains thin March due to financial closing.



Mandi

Rice Variety

24-Feb.

23-Feb.

Change

Naya Bazar, Delhi

DP Steam

5850

5850

0

Naya Bazar, Delhi

DP Sela

5200

5200

0

Naya Bazar, Delhi

1509 Steam

5250

5250

0

Naya Bazar, Delhi

1509 Sela

4200

4200

0

Naya Bazar, Delhi

Sugandha Steam

4800

4800

0

Naya Bazar, Delhi

Sugandha Sela

4200

4200

0

Naya Bazar, Delhi

1121 Steam

5950

5950

0

Naya Bazar, Delhi

1121 Sela

5200

5200

0

Taraori, Karnal

1509 Steam

5200

5200

0

Taraori, Karnal

1509 Sela

4200

4200

0

Taraori, Karnal

1121 Steam

5900

5900

0

Taraori, Karnal

1121 Sela

5100

5100

0

Taraori, Karnal

1401 Steam

5400

5400

0

Taraori, Karnal

1401 Sela

4800

4800

0

Fazilka, Punjab

1509 Steam

5300

5300

0

Fazilka, Punjab

1121 Steam

5900

5900

0

Fazilka, Punjab

1401 Steam

5800

5800

0

Fazilka, Punjab

PR Steam

3250

3250

0

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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