Paddy report

This time the supply of Sharbati paddy in producing areas like Rampur, Tanda, Rudrapur, Bilaspur, Bareilly, Shahjahanpur, Rampur, Bahjoi, Jahangirabad, Dadri, Dankaur etc. is decreasing by 36-37 percent in the same period last year. This is the reason that the best comparison in the mandis is that paddy has been sold up to Rs 2650/2775 per quintal and according to the moisture, the business is being heard in the Jahangirabad line up to Rs 2475/2625. Significantly, only Sharbati paddy had suffered extensive damage. Due to which there is a possibility of a lot going bad and the stockist is buying in every price. Rice mills are also buying, while the milling rate of rice mills seems to be high. Due to the acute shortage of paddy, the arrival of rice steam and raw sharbati is not favorable in the mandis. In Delhi reach from Rampur line, raw Sharbati is being bought for Rs 5400, but today the goods could not be found in the new market even for Rs 5500, there was such a discussion. In view of these circumstances, Sharbati rice will remain stale for a few days. On the other hand, there is a declining trend in rice 1121 and 1401 rice, 1718 and 1509 rice and paddy. Paddy has also decreased by Rs 100 per quintal and there is a possibility that there may be a further fall of Rs 400 / 500 in all rice, raw and steam of Basmati variety. This time the arrival of all crops in Kharif season is decreasing. The main reason for this is that seeing the boom in the season, traders have started stocking in raw mandis and farmers are also not bringing goods to the mandis, due to which there is a boom. Therefore, now one should not do forward deals in these prices and instead of stocking up, one should keep selling the goods.

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