date:Mar 19, 2013
ot market remained bearish and went down by Rs 10 last week.
Inadequate supplies and rising domestic demand pushed up aromatic and non basmati rice prices by Rs 50-300 a quintal last week, which were at their highest levels of the season.
Active participation by bulk buyers to meet the ongoing demand and restricted arrivals in the market are giving good support to the market.
However, traders expect that the market may not sustain the current momentum for long and may rule sideways in near fu