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rice market

29
Mar

Ample stocks hold rice steady

Karnal, March 27:  The rice market is likely to rule without much change on account of steady demand and ample stocks for the next few days, said trade experts.

With not much trading taking place in the market, prices of almost all the varieties remained unchanged on Thursday.

Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that following steady domestic demand and easy availability of stocks, retail and bulk buyers are placing orders based on their requirement. Traders expect the market to continue to rule around current levels for the next few days and may witness some alteration in the first week of April, he added.

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

Pusa-1121 (steam) sold at ₹8,900-9,000 , while Pusa-1121 (sela) quoted at ₹7,900 . Pure Basmati (raw) quoted at ₹12,200. Duplicate basmati (steam) sold at ₹7,000. Pusa-1121 (second wand) was at ₹7,100, Tibar at ₹6,150 while Dubar at ₹5,000 a quintal.

In the non-basmati section, Sharbati (steam) sold at ₹4,850 while Sharbati (ela) quoted at ₹4,300 . Permal (raw) sold at ₹2,330, Permal (sela) at ₹2,350, PR-11 (sela) sold at ₹2,700 while PR-11 (raw) at ₹2,600 . PR14 (steam) sold at ₹2,950 a quintal.

Courtesy :
  http://www.thehindubusinessline.com/markets/commodities/ample-stocks-hol...

25
Mar

Rice seen ruling at current levels

Karnal, March 24:  After witnessing a downtrend last week, prices of Pusa-1121 and Sharbati varieties improved by ₹50-150 a quintal while all the other aromatic and non-basmati rice varieties ruled flat on lukewarm trading.

Amit Chandna, proprietor of Hanuman Rice Trading Company, told Business Line that fresh trade enquiries mainly pushed Pusa-1121 and Sharbati varieties marginally up.

Market has been ruling in a tight range since the beginning of March and prices may continue to rule around current levels with marginal fluctuation even in the next few days.

In the physical market, Pusa-1121 (steam) improved by ₹150 and sold at ₹8,900-9,000, while Pusa-1121 (sela) went up by ₹100 and quoted at ₹7,900. Pure Basmati (Raw) quoted at ₹12,200. Duplicate basmati (steam) sold at ₹7,000. Pusa-1121 (second wand) was at ₹7,100, Tibar at ₹6,150 while Dubar at ₹5,000 a quintal.

In the non-basmati section, prices of Sharbati (Steam) increased by ₹50 and sold at ₹4,850 while Sharbati (sela) quoted at ₹4,300. Permal (raw) sold at ₹2,330, Permal (sela) at ₹2,350, PR-11 (sela) sold at ₹2,700 while PR-11 (Raw) at ₹2,600. PR14 (steam) sold at ₹2,950 a quintal.

Courtesy :  http://www.thehindubusinessline.com/markets/commodities/rice-seen-ruling...

3
Mar

India Average Wholesale Rice Prices Increase in February 2014

Average monthly wholesale rice prices in India increased to around Rs. 2,731 per quintal in February 2014, up about 1% from around Rs. 2,702 per quintal in January 2014, and up about 4% from around Rs.2,627 per quintal seen a year ago in February 2013, according to official sources.

In terms of USD per ton, average wholesale rice prices in India stand at about $440 per ton (using current exchange rates) in February 2014, up about 2% from around $429 per ton (using historical exchange rates) in January 2014, but down about 10% from around $488 per ton (using historical exchange rates) seen in February 2013.

Courtesy :  http://oryza.com/news/rice-news/india-average-wholesale-rice-prices-incr...

26
Feb

India likely to export 18 mln tonnes rice, wheat in 2013/14

India is likely to export about 18 million tonnes of rice and wheat in 2013/14, the government's adviser on farm prices said, as the world's second-biggest producer of these grains looks for ways to handle another record crop.

Ashok Gulati also suggested India should release 15-20 million tonnes of the grains for open market sales to cut massive mounds of stocks and help ease food inflation.

India, the world's biggest rice and wheat producer after China, exported 22 million tonnes of the grains in the last fiscal year to March 31, 2013 after New Delhi lifted a four-year-old ban on overseas shipments of the staples in late 2011.

"Exports of 2012/13 and likely exports this year mean 40 million tonnes of shipments. You look at whatever historical data you have, India has never ever done that," said Gulati, chairman of the Commission on Agricultural Costs and Prices.

Gulati has advocated regular exports of rice and wheat from India. Rising rice exports helped India replace Thailand as the world's top rice exporter and wheat shipments picked up at the expense of rival suppliers Russia and Ukraine.

Unlike wheat, India does not export rice from government warehouses but shipments totalled about 10 million tonnes in 2012/13 and Gulati said they may be 11 million tonnes this year.

Global wheat prices fell 25.6 percent to $6.05 a bushel in 2013 due to oversupply, with benchmark Chicago futures still hovering around that level.

Global rice supplies are seeing a sharp increase as the embattled government of Thailand rushes to liquidate its stockpiles in order to pay farmers and avoid further protests.

Benchmark Thai rice prices fell as much as 15 percent last week.

BUMPER HARVESTS

Despite its export push, India sits on huge stocks of grains, thanks to bumper harvests since 2007. It took steps to boost production after unfavourable weather conditions hit the 2006 wheat harvest, forcing India to import large quantities from Australia at sky-high prices.

Stocks at government warehouses are still 2.25 times more than targets and lack of storage means much rots away even though India tries to provide cheap food to about 800 million.

"We have been recommending to the government to immediately liquidate 15-20 million tonnes of rice and wheat. Holding on to such high stocks is unnecessary," said Gulati, who is about to leave office after a nearly three-year term as the adviser.

The government buys rice and wheat from local farmers at a fixed price which is raised every year to encourage production, build stocks to supply subsidised food and meet any emergency needs such as a sudden spike in prices.

Hefty production and higher purchases by the government inflate the subsidy bill, which the government has pegged at 1.15 trillion rupees ($18.53 billion). Food Minister K.V. Thomas has said the subsidy could touch 1.3 trillion rupees, a major worry for the government as it tries to rein in public finances.

Stocks are going to swell further as India's harvest from the current crop year to June 2014 is forecast to be a record 263.2 million tonnes of grains.

Despite rising production, local prices of grains have jumped because government purchases leave only a small surplus in the market.

Domestic prices of rice and wheat combined rose 11.42 percent in January from a year ago, helping to push up food inflation to 9.90 percent, government data showed.

Courtesy :  http://agriexchange.apeda.gov.in/news/Newssearch.aspx?newsid=14980&Date=...

11
Feb

India Exports 7 Million Tons of Rice in April – November 2013; Up 10% from Previous Year

India’s total rice (basmati and non-basmati) exports in April - November of the fiscal year 2013-14 (April 2013 - March 2014) have increased to around 7 million tons, up about 10% from around 6.39 million tons exported during the corresponding period in the FY 2012-13, according to provisional data by the Agricultural and Processed Food Products Export Development Authority (APEDA). At the current pace, India’s total rice exports are expected to reach around 10.5 million tons in FY 2013-14, up about 3% compared to around 10.15 million tons exported in FY 2012-13.

In value terms, India’s total rice exports have increased sharply to around Rs. 291,243 crore (around $4.884 billion) during April – November 2013, up about 44% from around Rs. 202,846 crore (around $3.716 billion) in the same period in FY 2012-13. In USD terms, value of rice exports grew by 31% during April – November 2013.

India's basmati rice exports have increased to around 2.37 million tons in April - November 2013, up about 11% from about 2.13 million tons exported in the same period in FY 2012-13. In value terms, basmati rice exports surged to about Rs.17,529 crore (around $2.962 billion) during the first eight months of FY 2013-14, up about 56% from around Rs.11,219 crore (around $2.055 billion) earned in the same period in FY 2012-13. In USD terms, India’s basmati rice exports grew by 44% in April – November FY 2013-14.

India’s non-basmati rice exports in April - November 2013 increased to around 4.65 million tons, up about 9% from around 4.26 million tons recorded in the same period in FY 2012-13. In value terms, non-basmati rice exports earned about Rs.11,595 crore (around $1.921 billion), up about 28% from around Rs.9,066 crore (around $1.661 billion) in the same period in FY 2012-13. In dollar terms, non-basmati rice exports grew by 16% during the period.

Courtesy :  http://oryza.com/news/rice-news/india-exports-7-million-tons-rice-april-...

11
Feb

Rice market to witness hand-to-mouth buying

 Karnal, February 10:  The rice market witnessed a steady trend with prices of aromatic and non-basmati rice ruling flat on Monday on restricted trading.

With not much buying taking place in the market, rice prices were unchanged, said Amit Kumar, proprietor of Ginni Rice. Following steady domestic demand and easy availability of stocks, retail and bulk buyers are placing orders based on their requirement, he added.

According to the trade experts, the market may see only hand-to-mouth buying and prices may rule with marginal fluctuation for the next few days.

In the physical market, Pusa-1121 (steam) sold at ₹9,200-50, while Pusa-1121 (sela) quoted at ₹8,150. Pure Basmati (Raw) quoted at ₹12,500. Duplicate basmati (steam) sold at ₹7,000. Pusa-1121 (second wand) was at ₹7,050, Tibar at ₹6,100 while Dubar at ₹5,000.

In the non-basmati section, Sharbati (Steam) sold at ₹5,000 while Sharbati (Sela) was quoted at ₹4,800. Permal (raw) sold at ₹2,300, Permal (sela) at ₹2,350 a quintal, PR-11 (sela) sold at ₹2,900 while PR-11 (Raw) was at ₹2,800. PR14 (steam) sold at ₹3,200 a quintal.
Paddy Arrivals

About 6,000 bags of different paddy varieties arrived at the Karnal Grain Market Terminal. About 5,000 bags of Pusa-1121 arrived and went for ₹4,200 while 1,000 bags of Sharbati went for ₹2,230 a quintal.

Courtesyhttp://www.thehindubusinessline.com/markets/commodities/rice-market-to-w...

4
Feb

धान की धीमी खरीद को लेकर किसान मायूस

सोनभद्र : जनपद में कछुआ चाल चल रही धान खरीद को लेकर किसानों में मायूसी व्याप्त है। खरीद कार्य बंद होने में मात्र 25 दिन से भी कम का समय बचा हुआ है और अभी तक जिला प्रशासन लक्ष्य से कोसों दूर है।

निर्धारित 45 हजार मीट्रिक टन के सापेक्ष संबंधित विभाग अभी तक 50 प्रतिशत भी खरीद नहीं कर पाया है। किसान मंगला प्रसाद, सुलोचन सिंह, विनोद शुक्ल ने कहा कि हम लोग क्रय केंद्रों पर चक्कर काटते-काटते थक गए हैं अब तो अपने उपज को बाजार में औने-पौने दाम पर बेचना ही मुनासिब है। जिला प्रशासन पर उपेक्षा का आरोप लगाते हुए कहा कि जिलाधिकारी ने पूरे खरीद के दौरान लगातार उदासीन रवैया अपना रहा, जो गलत है।

Courtesy : http://www.jagran.com/uttar-pradesh/sonbhadra-11060052.html

21
Jan

India set to retain top rice exporter tag

Sharp rise in demand from the US, Europe and the middle-eastern countries for Basmati rice and Africa and Asian countries for non-Basmati rice, India is all set emerge as world’s top rice exporters in the current fiscal.
This will be second time in a row that India is likely to emerge as biggest rice exporter globally. As per the commerce ministry data (April-November, 2013), India has exported close to 7 million tonnes (MT) of rice and expected to ship more than 10.5 MT by end of current fiscal.
More than 2.3 MT of aromatic and long-grain Basmati rice and 4.6 MT of non-Basmati rice were exported during first eight months of the current fiscal. “Demand for rice has been rising from all across the globe and we expect to reach a record level of exports by the end of current fiscal,” a commerce ministry official said.
The exporters are targeting to achieve more than 10.5 MT of rice in 2013-14 while in the previous fiscal, the country has shipped 10 MT. Thailand and Vietnam are the other rice exporters, who ship around 7 MT of rice annually each. Rice exports have been looking northwards since the country lifted a four-year ban on non-Basmati rice shipment after in September 2011. The ministry data also indicate that last fiscal rice exports fetched more than Rs 33,800 crore while in the April-November 2013 period, India has earned more than Rs 29,000 crore.

Courtesy :  http://indianexpress.com/article/business/commodities/india-set-to-retai...

16
Jan

Rice, wheat buffer stock move may push market prices up

In a final push to the food security law, the Union cabinet on Thursday would consider a proposal to increase buffer stock of two vital food grains, rice and wheat, by about 60% for easy roll-out of the programme.

Such stocking may trigger an increase in prices of food grains in the open market.

The food security law was enacted in September 2013 and state governments have one year for implementing it.

The law provides for priority households (existing below poverty line) getting 5 kg of food grains per month, and Antyodaya (extremely poor) households 35 kg per month.

The combined coverage of priority and Antyodaya households should be 75% of the total rural population and 50% of the urban population.

The food ministry has proposed a change in regulations to maintain a minimum 150 metric tonnes of buffer stock in a year. As of now, the minimum buffer stock is 99.30 metric tonnes in a year.

http://www.hindustantimes.com/Images/popup/2014/1/16_01_14_pg8a.jpg

The government maintains buffer stock on quarterly basis for operational and strategic purposes. The operational purpose is to provide food grains for the public distribution system (PDS) as per quota fixed for each state. The strategic stock is for meeting emergency situations such as droughts and natural calamities.

The food ministry has proposed a substantial increase in both operational and strategic stock. This is what could possibly affect open market prices.

With change in buffer stock requirement, the government will need an increase in capacity of silos to store additional food grains.

The cabinet has already approved a policy for public private partnership to build international quality silos. According to an official source, the response of private players to the policy has been poor because of “inflexible” norms.

The Food Corporation of India often faces criticism over its storage facilities and large amount of food stock going waste.

Courtesy :  http://www.hindustantimes.com/india-news/govt-to-discuss-stocking-60-mor...

15
Jan

Rice basmati, Wheat strengthen on increased buying

Wheat and rice basmati prices strengthened up to Rs 100 per quintal on the wholesale grains market today on increased buying by flour mills and stockists.

However, other grains traded in a tight range in limited deals and settled around previous levels.

Traders said increased buying by flour mills and stockists mainly strengthened wheat and rice basmati prices.

In the national capital, wheat dara (for mills) added another Rs 5 to Rs 1,640-1,645 per quintal, while atta chakki delivery enquired higher by the same margin to Rs 1,645-1,650 per 90 kg.

In the rice section, rice basmati common and Pusa-1121 variety also moved up by Rs 100 each to Rs 8,700-9,000 and Rs 8,100-8,700 per quintal respectively.

The following were today's quotations per quintal:

Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,640-1,645, Chakki atta (delivery) 1,645-1,650 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 870-890 (50 kg), Maida 930-950 (50 kg) and Sooji 970-990 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,700-9,000, Rice Pusa-(1121) new 8,100-8,700, Permal raw 2,100-2,200, Permal wand 2,275-2,300, Sela 2,950-2,975 and Rice IR-8- 1,875-1,900, Bajra 1,270-1,275, Jowar yellow 1,450-1,500, white 2,350-2,550, Maize 1,400-1,405, Barley 1,430-1,440, Rajasthan 1,080-1,090.

Courtesy :  http://www.business-standard.com/article/pti-stories/wheat-rice-basmati-strengthen-on-increased-buying-114011400533_1.html

9
Jan

No large scale distress sale of paddy, Odisha tells CACP

Odisha has denied any instance of large scale distress sale of paddy, maintaining that the government has taken steps like opening of maximum purchase centres and involved women self-help groups (WSHGs) to arrest distress sale.

In a reply to the Commission for Agricultural Cost & Prices (CACP), the state agriculture department said, “There is no instance of large scale distress sale (of paddy) by the farmers in Odisha. The state government has taken various steps to avoid distress sale of paddy such as opening of maximum purchase centres, involvement of Primary Agricultural Credit Societies (PACS), WSHGs and pani panchayats in paddy procurement operation as commission agent of state procuring agencies.”

The CACP had enquired if there were recent instances of large scale distress sale by the farmers and steps taken by the state government to arrest such distress sale.

The Odisha State Civil Supplies Corporation (OSCSC) has opened 2,448 purchase centres while Marketing Federation Ltd (Markfed) and National Agricultural Cooperative Marketing Federation of India (Nafed) have opened 116 and 75 centres respectively. Food Corporation of India (FCI) has established 20 centres whereas Tribal Development Cooperative Corporation of Odisha Ltd (TDCC) has set up 43 centres.

Farmers have to register with the societies at least seven days in advance along with the proposed quantity of FAQ (fair average quality) paddy to be sold, proof of identity and savings bank account of any commercial, rural or cooperative bank. The societies will allot date to the farmers to bring FAQ paddy to paddy procurement centres so as to regulate the flow of paddy.

The state government recently faced heat from the Opposition Congress in the assembly over distress sale of paddy. Congress MLA Anup Kumar Sai had alleged that farmers were forced to sell paddy in the price range of Rs 800-900 per quintal against the minimum support price (MSP) of Rs 1310 per quintal for common grade and Rs 1,345 per quintal for better grade rice.

This was due to non-opening of mandis by the government, he pointed out. Pratap Keshari Deb, minister for civil supplies, had rubbished the allegations, saying the government has opened mandis in six districts- Bargarh, Boudh, Kalahandi, Sambalpur, Nuapada and Subarnapur.

Courtesy :  http://www.business-standard.com/article/economy-policy/no-large-scale-d...

8
Jan

India FY 2013-14 Basmati Rice Exports Forecast to Reach Record 4 Million Tons

India’s basmati rice exports are forecast to reach around 4 million tons in FY 2013-14 (April – March), the highest annual basmati rice exports on record and up about 12.5% from around 3.5 million tons in FY 2012-13.

Trade sources say that India's basmati rice exports between April and December 2013 have increased to around 2.8 million tons, up about 15% from around 2.45 million tons exported during the corresponding period in 2012.

According to the executive director of the All India Rice Exporters Association (AIREA), India's basmati rice exports are expected to reach a record high in 2013-14 due to demand especially from the Middle East countries including Saudi Arabia, Kuwait and Iran.

According to official sources, Iran is the top buyer of India rice and basmati rice sales to the country have almost doubled during the first two quarters of FY 2013-14. India’s basmati rice exports to Iran between April-September 2013 stood at around 851,859 tons, up about 77% compared to around 481,328 tons exported during the same period in 2012.

Courtesy : http://oryza.com/news/rice-news/indias-fy-2013-14-basmati-rice-exports-f...

6
Jan

The next billion-dollar basmati?

New Delhi, Jan. 5: 

A decade after the release of Pusa-1121, a rice variety that accounts for roughly three-fourths of India’s $4 billion-plus annual basmati exports, farm scientists hope to replicate its success through yet another blockbuster.

Pusa-1509, a new high-yielding basmati developed by the Indian Agricultural Research Institute (IARI), was planted in around 5,000 hectares in the 2013 kharif season. “I expect it to reach one million hectares (mh) in the coming season, replacing a large part of the 1.4 mh now covered under Pusa-1121,” says Ashok K. Singh, Project Leader (Rice) at IARI and the main breeder of Pusa-1509.

Shorter maturity

According to Singh, who was also involved in developing Pusa-1121, the main advantage of the new variety is its maturing — in just 115-120 days from the time of sowing in the nursery bed to harvesting the grain.

“Both Pusa-1121 and Pusa Basmati-1 (an older improved basmati) take 140-145 days. Thirty days less time means farmers needn’t transplant the seedlings in the peak mid-June summer.

“They can do it in mid-July with the onset of the monsoon rains, saving 5-6 irrigations,” he pointed out.

Alternatively, they could raise an additional crop — say, a 60-day moong or green gram — between harvesting of wheat in mid-April and transplanting Pusa-1509 in mid-July.

Higher yields

Moreover, the average paddy yields in Pusa-1509, at 25 quintals an acre, are more than the 20 quintals for Pusa-1121. The main reason: a lower plant height of 80 cm as against 120 cm for Pusa-1121.

“Lower height enables more fertiliser application. You can apply 2-3 bags of urea in Pusa-1509 for the entire season.

“Pusa-1121 cannot tolerate more than one bag. The plant will simply lodge and the grains, too, may shatter or drop from the panicles,” Singh explained.

Preetam Singh, a farmer from Urlana Khurd in Haryana’s Panipat district, said that the 30-day early maturity and 25 per cent extra yield made Pusa-1509 an attractive proposition.

Also, since there is no lodging or grain-shattering, the entire crop can be harvested using combines.

“This time, I planted 28 acres of Pusa-1509 and 11 acres under Pusa-1121. From next season, I will stop Pusa-1121,” he told Business Line.

What about grain quality? “Pusa-1509 scores over Pusa-1121 in aroma, but probably not as much as in fluffiness and linear elongation on cooking.

“The percentage of brokens on milling is also higher in Pusa-1509 for the raw white rice, though not for the par-boiled rice that India predominantly exports,” said Anil Kumar Mittal, CMD of the Rs 2,100-crore KRBL Ltd.

But these minute quality parameter differences may not matter vis-à-vis the vastly superior returns for farmers from growing Pusa-1509. “Pusa-1121 may still survive, but Pusa-1509 will definitely be the farmer’s first choice,” he added.

Courtesy : http://www.thehindubusinessline.com/industry-and-economy/agri-biz/the-ne...

3
Jan

India Exports 9.6 Million Tons of Rice in January – November 2013

India has exported around 9.6 million tons of rice in January – November 2013, up about 1% from around 9.5 million tons of rice exported during the same period in 2012, according to the USDA Post in New Delhi.

The Post says that India’s basmati rice exports have slowed down since October 2013due to withdrawal of sanctions on Iran by the U.S. and some other countries. However, India’s PUSA 1121 basmati rice remains “very price competitive” compared to long grain rice of other origins and exports to Iran will resume soon, according to the Post.

The Post also says that the Indian government may review its non-basmati rice export policy in 2014 if government procurement drops significantly or if domestic prices increase. As of December 24, 2013, the Indian government has procured about 14.3 million tons of rice from the current marketing season 2013-14 (October – September), down about 6% from around 15.1 million tons during the corresponding period in MY 2012-13.

Untimely rains in October – November 2013 in eastern and southern states, and relatively strong open market prices have slowed down government procurement so far. The Post says that while procurement is expected to gather momentum in January 2014, total procurement in MY 2013-14 is expected to decline to around 32 million tons, down about 6% from previous year’s 34 million tons.

India’s rice production in 2013-14 is forecast to reach around 103 million tons, down about 1% from around 104.4 million tons produced in the previous year. India’s rice exports in 2013-14 are projected to reach around 10 million tons, down about 8% compared to around 10.9 million tons in the previous year, according to the USDA.

Courtesy : http://oryza.com/news/india-exports-96-million-tons-rice-january-%E2%80%...

27
Dec

సన్న బియ్యానికి రెక్కలు

సూర్యాపేట : సాంబమసూరి ధాన్యానికి మార్కెట్‌లో డిమాండ్ పెరిగింది. ప్రభుత్వ మద్దతు ధర క్వింటాకు రూ.1500 కాగా అంతకుపైగానే ధర పలుకుతుంది. జిల్లాలో ప్రధానంగా వరికి దోమకాటు రావడంతో దిగుబడి తగ్గింది. ఆయకట్టు ప్రాంతాలలో బాగా దోమ కాటుకు గురైన వరి పొలాలను కనీసం కోత కోయకుండా వదిలేశారు. నాన్ ఆయకట్టు ప్రాంతాలలో దోమకాటు ప్రభావానికి గురై ఎకరాకు 30 నుంచి 35 బస్తాల దిగుబడి రావాల్సిన ధాన్యం 20 నుంచి 25 బస్తాలకే పరిమితమైంది. గత సీజన్‌లో రైతులు రూ.1500లకే క్వింటా ధాన్యాన్ని అమ్ముకున్నారు. రైతులు అమ్ముకున్న తర్వాత ధర పెరుగుతుంది. సూర్యాపేట వ్యవసాయ మార్కెట్‌కు గురువారం 12037 బస్తాల ధాన్యం రాగా దీనిలో 6734 ధాన్యం సాంబమసూరి వచ్చింది. ఐఆర్‌సీ 64రకం 4543, 1001రకం 462 బస్తాలు, స్వర్ణ మసూరి 338బస్తాలు అమ్మకానికి వచ్చింది. వ్యవసాయ మార్కెట్‌లో సాంబమసూరికి గరిష్ఠ ధర క్వింటాకు రూ.1738 పలకగా, కనిష్టంగా 1218, మధ్యరకంగా రూ.1581ధర ఖరీదుదార్లు టెండర్లు వేశారు. కొన్ని మిల్లుల్లో ఖరీదుదారులు నేరుగా రూ.1700కు పైగానే ధర చెల్లించి కొనుగోలు చేస్తున్నారు. ప్రస్తుతం బహిరంగ మార్కెట్‌లో సాంబమసూరి సన్నబియ్యం ధర క్వింటాకు రూ.2,600 నుంచి 2,800 దాకా పలుకుతుంది. మరి కొన్ని రోజుల్లో క్వింటా రూ.3 వేలకు పైగా చేరిన ఆశ్చర్యపోనవసరం లేదు.

Courtesy : http://www.andhrajyothy.com/node/47331

27
Dec

मनपसंद केंद्रों पर धान बेच सकेंगे किसान

जागरण संवाददाता, इलाहाबाद : किसानों को धान बेचने के लिए अपने न्याय पंचायत या ग्राम पंचायत से संबद्ध धान क्रय केंद्र पर ही जाने की जरूरत नहीं है। अब किसान अपनी सुविधानुसार क्रय केंद्र चुन सकते हैं। खाद्य विभाग ने क्रय एजेंसियों के सभी धान क्रय केंद्रों की ग्राम व न्याय पंचायतों से संबद्धता समाप्त कर दी है। जिला खाद्य विपणन अधिकारी केके सिंह ने बताया कि जनपद के किसी भी गांव का किसान अपना धान किसी भी क्रय केंद्र पर बेच सकता है।

किसानों को बिचौलियों से बचाने के लिए खरीफ विपणन वर्ष 2013-14 के लिए क्रय नीति की घोषणा की गई है। इसके तहत मूल्य समर्थन योजना चलाई गई। किसानों को धान का वाजिब दाम दिलाने के लिए क्रय एजेंसियों को ग्राम पंचायतों से संबद्ध धान क्रय केंद्र खोले जाने की व्यवस्था की गई। इसके तहत गांव के किसान अपने ही गांव से संबद्ध क्रय केंद्र पर ही धान बेच सकते थे। जिला खाद्य विपणन अधिकारी के अनुसार अब इस व्यवस्था को खत्म करते हुए किसानों को अपना मनपसंद केंद्र चुनने की छूट दी गई है। किसानों की सुविधा के लिए धान क्रय केंद्रों की संबद्धता को समाप्त किया जा रहा है।

Courtesy : http://www.jagran.com/uttar-pradesh/allahabad-city-10962648.html

27
Dec

Millers clamp down on rice release to hold prices

Karnal, Dec. 26:  The rice market is likely to rule without much change on account of steady demand and ample stocks in the coming days, said trade experts.

With trading being lukewarm in the market, prices of almost all the varieties except Sharbati (steam) remained unchanged .

Amit Chandna, Proprietor of Hanuman Rice Trading Company, told Business Line that domestic demand has failed to pick up and hence, rice millers are releasing limited stocks in the market to keep prices stable.

Trading has been lacklustre since mid-December, he said.

According to trade experts, the market is likely to rule around current levels over the next few days and may witness some alteration in the first week of January. In the physical market, Pusa-1121 (steam) sold at Rs 8,400-8,500, while Pusa-1121 (sela) quoted at Rs 7,500 a quintal.

Pure Basmati (Raw) quoted at Rs 12,500. Duplicate basmati (steam) sold at Rs 7,300.

Sharbati (Steam) dropped by Rs 200 and sold at Rs 4,800 while Sharbati (Sela) was quoted at Rs 4,500.

Permal (raw) sold at Rs 2,300, Permal (sela) at Rs 2,350, PR-11 (sela) sold at Rs 3,100 while PR-11 (Raw) was at Rs 2,950. PR14 (steam) sold at Rs 3,200.
Paddy arrivals

Around 20,000 bags of Pusa-1121 arrived and sold at Rs 3,850-4,000, 5,000 bags of Sharbati arrived and sold at Rs 2,100-2,320, while around 5,000 bags of Suagndha-999 went for Rs 2,600-75 a quintal.

Courtesy : http://www.thehindubusinessline.com/markets/commodities/millers-clamp-do...

27
Dec

Rice basmati rises on stockists buying

Prices of rice basmati rose by Rs 200 per quintal at the wholesale grains market today on stockists buying against slowdown in arrivals from producing regions.

However, other grains ruled steady in scattered deals.

Traders said stockists buying following rising demand against restricted arrivals from producing belts mainly pushed up rice basmati prices.

In the national capital, rice basmati common and Pusa-1121 variety rose by Rs 200 each to Rs 8,600-8,800 and Rs 7,950-8,450 per quintal, respectively.

The following were today's quotations per quintal:

Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,660-1,665, Chakki atta (delivery) 1,665-1,670 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 920-930 (50 kg), Maida 970-990 (50 kg) and Sooji 1,010-1,030 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,600-8,800, Rice Pusa-(1121) new 7,950-8,450, Permal raw 2,100-2,200, Permal wand 2,275-2,300, Sela 2,950-2,975 and Rice IR-8- 1,875-1,900, Bajra 1,320-1,325, Jowar yellow 1,400-1,450, white 2,300-2,500, Maize 1,405-1,410, Barley 1,400-1,410, Rajasthan 1,080-1,090.

Courtesy : http://www.business-standard.com/article/pti-stories/rice-basmati-rises-...

4
Dec

India Rice Prices Reach Record High in November 2013; Up 20% from Last Year

Average wholesale rice prices in India continue to soar, reaching around Rs. 2,931 per quintal in November 2013, up about 7% from around Rs. 2,750 per quintal in October 2013, and up about 20% from around Rs. 2,441 per quintal in November 2012. Current average wholesale rice prices are the highest since at least January 2011 and probably the highest on record, according to official sources.

In terms of USD per ton, average wholesale rice prices in India stand at about $473 per ton (using current exchange rates) in November 2013, up about 5% from around $451 per ton (using historical exchange rates) in October 2013, and up about 5% from around $450 per ton (using historical exchange rates) seen in November 2012.

Harvest of the main rice crop is going on in India, but local traders say rice prices are likely to remain high in the coming months and probably surge higher later next year due to lower anticipated production and continued exports. India’s 2013-14 rice production is estimated to fall about 5% from around 105 million tons produced in 2012-13 due to the adverse impact of consecutive cyclones in October – November 2013.

Last week, the Indian government extended stockholding limit for rice and paddy under the Essential Commodities Act for another year until November 2014 to prevent hoarding. However, rice exporters with government licenses are exempt from the limit until November 2014. The government said, “This [exemption] will help exporters benefit from economies of scale and bigger operation for optimally meeting export demands on a long-term basis.”

Maximum limit of stock for rice in India is decided by the state governments. In 2009, the northern state of Punjab had fixed 500 tons limit for rice wholesalers and 50 tons limit for retailers to control rice prices.

Courtesy : http://oryza.com/news/india-rice-prices-reach-record-high-november-2013-...

26
Nov

Rice market seen ruling stable next few days

Karnal, Nov. 25: 

The rice market may continue to rule around current levels with marginal fluctuations in coming days, according to market experts.

The market witnessed a mixed trend with reduced offtake pulling Sharbati rice varieties down by Rs 300-400 a quintal on Monday, while all other aromatic and non-basmati varieties managed to rule firm at their previous levels.

Amit Kumar, Proprietor of Ginni Rice, told Business Line that a steady trend has prevailed following lack of buying interest in the market.

Though prices rose on a few occasions, the market could not retain those levels. Restricted availability of stocks is limiting the fall, he said.

It is unlikely to see any major alteration in the coming days and market may continue to rule around current levels with marginal alteration, said market sources.

In the physical market, Pusa-1121 (steam) sold at Rs 9,100-9,200 , while Pusa-1121 (sela) quoted at Rs 8,000-8,100 a quintal.

Pure Basmati (Raw) quoted at Rs 12,700 .

Duplicate basmati (steam) sold at Rs 8,000 .

In the non-basmati section, Sharbati (Steam) dropped by Rs 300 and sold at Rs 5,100-5,300 while Sharbati (Sela) quoted at Rs 4,700-4,900 , Rs 400 down.

Permal (raw) sold at Rs 2,350-2,400 while Permal (sela) was at Rs 2,400-2,500. PR-11 (sela) sold at Rs 3,300 while PR-11 (Raw) quoted at Rs 3,000-3,100 .

PR14 (steam) sold at Rs 3,400 .
Paddy arrivals

About 10,000 bags of PR paddy arrived and quoted at Rs 1,300, around 20,000 bags of Pusa-1121 arrived and sold at Rs 4,150-4,500, while 10,000 bags of Sharbati arrived and sold at Rs 2,300-2,425 .

Around 5,000 bags of Duplicate Basmati arrived and went for Rs 4,150-4,200 , 5,000 bags of Sugandha-999 went for Rs 3,150-3,200 , while 1,000 bags of Pure Basmati sold at Rs 5,900-5,950 a quintal.
(This article was published on November 25, 2013)

Courtesy:http://www.thehindubusinessline.com/markets/commodities/rice-market-seen-ruling-stable-next-few-days/article5390500.ece?ref=wl_markets

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