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Modest to sharp decline was seen in the rice prices on the grain market on Wednesday as supply was good due to better production, dealers said. Irri-9 Punjab (old) low type shed Rs 100 to Rs 4000 and good quality followed suit, losing Rs 400 to Rs 4100.
Irri-9 Sindh new inferior type lost Rs 700 to Rs 2800 and best type fell by Rs 600 to Rs 3000, Basmati No 386 new shed Rs 100 to Rs 4400-4500 and super Basmati Sindh low quality lost Rs 200 to Rs 6000 and superior variety was down by Rs 300 to Rs 6200, they added.

Copyright Business Recorder, 2008

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