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Paddy Prices Improve as Inclement Weather Disrupts Arrival, Rice Remains Stable

23 Sep 2021 7:56 pm
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NEW DELHI, Sept 23 (Commoditiescontrol) - Paddy prices improved slightly in North India on Thursday as the inclement weather is affecting the daily arrivals. However, the prices of Basmati rice remained almost stable. According to traders, if the bad weather continues, along with paddy, a slight improvement in the prices of basmati rice is also expected.

In Punjab's Amritsar Mandi, the arrival of paddy decreased from 25 to 30 thousand kattas on Thursday, while on Wednesday the arrival was 35 to 40 thousand kattas. The price of Pusa 1,509 variety of paddy increased by Rs 20 to Rs 2,700 -Rs 2,955 per quintal in the mandi. According to traders, there has been light rain in many areas of the state even today, due to which the harvesting of paddy will remain affected.

In Haryana's Kaithal mandi, only two to three thousand bags of paddy arrived and the price of Pusa 1,509 variety in the mandi rose by Rs 35 to Rs 2,750 -Rs 3,000 per quintal. Paddy prices climbed by Rs 75 to Rs 2,800- Rs 3,051 in the state's Samalkha mandi, and Rs 2,975 per quintal in Safidon. In Ganaur mandi of the state, the price of fine paddy of Pusa 1,509 variety increased to Rs 3,061 and in Narwana mandi, the rate of paddy (harvesting of combine) went up to Rs 2,950 per quintal.

In Delhi's Narela Mandi, the price of Pusa 1,509 variety of paddy was quoted at Rs 2,951 and Pusa 1,121 variety at Rs 3,100 -Rs 3,310 per quintal on Thursday.

The prices of Pusa 1,509 Sela rice in Delhi's Naya Bazar on Thursday remained stable for the third consecutive day at Rs 5,000-Rs 5,350 and its steam rice at Rs 5,600-Rs 6,100 per quintal per quintal. The prices of Pusa 1,121 Basmati Rice Steam remained stable at Rs 6,400-6,600 and its Sela rice at Rs 5,500-5,700 per quintal. Prices of Pusa 1,401 variety steam rice remained stable at Rs 6,200 to Rs 6,300 per quintal.

According to traders, export demand for Basmati rice is weak, but local demand is expected to pick up in October.

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

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