India Rice basmati slides on fall in demand.

Prices fell by up to Rs 300 per quintal at the wholesale grains market owing to slackened demand against adequate stocks position. In Delhi rice basmati, common and Pusa- 1121 variety slipped to Rs 7,100-7,200 and Rs 5,900-6,500 from previous levels of Rs 7,400-7,500 and Rs 6,000-6,800 per quintal, respectively.