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Sharp rise was seen in the rice prices on the grain market on Saturday in process of lean business, dealers said. On the rice sector Irri-6 Sindh was higher by Rs 50 to Rs 3000, despite the bumper production of rice, Basmati D-98 Shahdadkot and Basmati Bagar Jee low type rose by Rs 1000 to Rs 5500 and better type gained Rs 1200 in process of trading, they said.
On the cereal side, Bajra low quality was down by Rs 100 at Rs 1950, while the best type did not show any change at the overnight levels at Rs 3000. Gur low type came down by Rs 100 to Rs 2400 and good type was up by Rs 200 to Rs 3700, they added.

Copyright Business Recorder, 2008

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