Rice prices decline on grain market

06 Nov, 2008

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.

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