Basmati prices rule high for the new crop

MTECHTIPS

Basmati prices rule high for the new crop

Smiles are back on the faces of basmati growers in Punjab and Haryana, as prices of the new crop, Pusa 1121, have surged 20-25 per cent
In view of the surge in exports and attractive rupee exchange rate, basmati exporters have increased the remuneration to farmers.
According to exporters, prices for the Pusa 1121 variety this year are Rs 2,100-2,300 a quintal as against Rs 1,700 a quintal last year.

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