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Informist, Monday, Sept. 22, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Prices of sona masoori rice, a premium variety of non-basmati rice, fell at Bhavanipuram in Vijayawada, Andhra Pradesh, on Monday because of low demand, traders said. Prices of wheat, maize, and basmati rice remained unchanged in key markets across the country. Prices of maize are likely to fall in Karnataka in the near-term, traders said. Markets in Kota, Rajasthan were shut on the occasion of Navratri and Agrasen Jayanti.

 

Millers in Bhavanipuram lowered prices of sona masoori RICE by INR 200 to INR 5,000 per 100 kg expecting demand to increase, local trader Ravi Shankar said. Despite the lower prices, however, there were no sales, he added. The price of 5% broken rice at Vashi in Navi Mumbai was unchanged at INR 3,150 per 100 kg, wholesale trader Devendra Vora said.

 

Prices of 1401 and 1121 basmati rice were steady at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, due to lack of fresh cues, Vora said. Prices are expected to be steady in the near term due to marginal damage to the crop in Punjab and Haryana after heavy rainfall. Arrivals of the new crop are also likely to begin soon.

 

Prices of MAIZE in Davanagere, Karnataka, were unchanged at INR 2,250 per 100 kg, local trader Shiva Kumar said. Arrivals were steady at 150–200 bags (1 bag = 60 kg). Kumar expects prices to fall by INR 100-INR 200 per 100 kg from mid-October as the new crop arrives in the markets.

 

Prices of WHEAT in the Vashi market were unchanged at INR 2,800–INR 2,825 per 100 kg, Vora said. Traders expect prices to fall by the end of this month as they expect the government to start open-market sales of wheat. The government usually starts selling wheat in the domestic market in July or August, but this year the sales have been delayed because open market prices have been stable.  End  

 

Edited by Nishant Maher

 

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