Rice in India is not just a staple food but an integral part of rural economy and cultural identity. For farmers, traders, and consumers, understanding the fluctuations in rice prices in the markets is essential for making informed decisions. Let’s take a detailed look at the rice prices in the key markets of Maharashtra and Uttar Pradesh on December 30, 2024.
Alibag Market: Today, the Alibag market saw the arrival of 1 ton of rice. The prices in this market ranged from a minimum of ₹3,000 per quintal to a maximum of ₹3,500 per quintal, with the modal price standing at ₹3,250 per quintal. These prices reflect a steady demand for rice in this region.
Murud Market: The Murud market also reported an arrival of 1 ton of rice. The prices in this market were identical to those in Alibag, with a minimum price of ₹3,000 per quintal, a maximum price of ₹3,500 per quintal, and a modal price of ₹3,250 per quintal.
Vasai Market: Vasai market recorded a significantly higher arrival of 39.5 tons of rice. The rice variety found in this market was the 1009 Kar variety. Prices ranged from ₹3,560 per quintal (minimum) to ₹4,850 per quintal (maximum), with the modal price at ₹3,950 per quintal. These prices indicate strong demand for this specific variety of rice in Vasai.
Faizabad Market: Faizabad market, the arrival was 400 tons of rice. The minimum price for coarse rice was ₹2,980 per quintal, while the maximum price reached ₹3,050 per quintal. The modal price stood at ₹2,995 per quintal. This reflects a moderate market condition in Faizabad.
Lalganj Market: The Lalganj market saw an arrival of 78 tons of rice. The prices for common varieties of rice ranged from ₹3,135 per quintal (minimum) to ₹3,150 per quintal (maximum), with the modal price at ₹3,145 per quintal. These prices remained relatively stable compared to other markets.
Pilibhit Market: Pilibhit market recorded 150 tons of rice today. The minimum price for coarse rice was ₹3,240 per quintal, the maximum price was ₹3,320 per quintal, and the modal price stood at ₹3,268 per quintal. These prices reflect a moderate demand for rice in this region.
Suggestions for Farmers and Traders:
Conclusion: The highest rice prices were observed in Vasai market, particularly for the 1009 Kar variety. This variety was priced significantly higher than other varieties in the region. In Uttar Pradesh, Faizabad and Pilibhit saw higher arrivals but lower prices, while Lalganj recorded the most stable rice prices. This market information is crucial for farmers and traders to plan their sales strategies effectively according to current market conditions.
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