Friday, 22 November 2013

Rice Millers Building Inventories On Expectation Of Prices Rise, 15 November 2013

The rice market witnessed a mixed trend on Thursday with prices of Sharbati and Pusa-1121 ( sela)rice varieties improving, while other aromatic & non-basmati varieties ruling unchanged.

Exporters are getting demand from Iran and Iraq. Rice millers are building up inventories, expecting prices to go up further in coming days.