Tuesday, November 07, 2017

Paddy update 6-11-2017 Punjab Pakistan Market

C1121 demand is steady as Sella & Steamed rice of C1121 of good quality have strong demand.  Till satureday closing, C1121 paddy market was bullish but due to Foggy weather & Electricity crises, prices are stagnent rather declined by Rs 25/40 kg.   Okara region(between Ravi & Sutlej river) including Deepalpur, Sahiwal) remained strong with paddy at 1600/1700 harvestor & 1900 hand cut. Hujra Shah Muqeem, Thing more ,demand for sella is high with 4100/4200.  Bahwalnagar  running  little low as Sella Rice is 3900/. In Core Basmati area between(Ravi , Chenab & jhelum) has steady demand & price is even 25/40 kg droped. C1121 Paddy price range 1620 to/1700.                   Price.  Kamonke, Muridke ex mill 1650/1700, delivered from all origin.     NRSP, 1640, Garh More Jhang 1600/ field. Middle men asking 1640 ex. Pull Bagar 1600/1675,  Bahawalnagar ,Harvestor 1725/1800,  Kobota machine cut 1800+. Hand cut ,1900/   .  C1121, Sella Rice                              Hujra shah Muqeem 4000/4100,  Bahawalnager 3900,                                   Super Basmati Paddy,  arrival is picking up,  Potential Brown Exporters have started Procurement at 1650 ex mill ,as at least 3 EU  Brown Importers are set to visit Pakistan.  Kamonke Super Basmati Paddy 15450/1640 moisture 21/23%.                   ,                      Super Basmati old Rice Rs3600/3700 steady , Good quality3700, stocks limited. Super Basmati paddy price is inching up which is dangerous due to low global demand but buying by Brown exporters will keep it high. Long position of Super looks precarious. Indian priced of C1121 is steady, not going up even coming down by INR50/100 every day. Indian White Sella has lost 6% in local market & Export offers are down.


 Supri Sella is 2320/2350, Sind Super Brown Ex Allahabad Thingmore is 1900/.


Shared by Riceplus Magazine 
Chief Editor  Hamlik

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