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Informist, Friday, Oct. 17, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Prices of wheat, maize, and rice were steady Friday in key spot markets across the country on lack of fresh cues, traders said. Markets across the country will remain shut from Saturday till Thursday on account of Diwali. Prices of maize are seen down in the near term on low demand, they said.  

 

Prices of WHEAT at Kota in Rajasthan remained unchanged at INR 2,500 per 100 kilograms, local trader Aniket Mehta said. Arrivals in Kota market fell to 8,000 bags (1 bag = 50 kg) from 10,000 bags Thursday. Arrivals fell as farmers are focusing on bringing other crops in the market, he said. Wheat prices in Indore, Madhya Pradesh, remained steady at INR 2,000 per 100 kg, local trader Gaurav Kochar said. 

 

Prices of wheat at Vashi in Navi Mumbai held steady at INR 2,800–INR 2,825 per 100 kg due to lack of fresh cues, said Devendra Vora, a wholesale trader. There are supply disruption worries about wheat in Punjab, as the output in the state is likely to fall 5-15% in the current crop year due to recent floods, which submerged vast stretches of farmland. This has eroded fertile topsoil and deposited thick layers of sand and silt, experts said. The Punjab government estimates that wheat production in the state will fall by 5–7%. Punjab contributes nearly 16% to India's total wheat output. 

 

Prices of MAIZE in Indore were steady at INR 1,875 per 100 kg, local trader Gaurav Kochar said. Prices of maize at Davanagere in Karnataka were largely steady at INR 1,600–INR 2,100 per 100 kg, said Shiva Kumar, a local trader. Arrivals in Davangere were steady at 10,000 bags (1 bag = 60 kg), he said. Maize prices are likely to fall by INR 100–INR 200 on weak demand after the festivals and increased arrivals, Kumar said. Arrivals are expected to rise up to 50,000 bags after Diwali, as traders are holding back crops ahead of the festival, he said. 

 

Prices of major RICE varieties across key markets were steady on lack of fresh cues, traders said. Basmati rice varieties, 1401 and 1121, were unchanged at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, Vora said. The price of 5% broken rice in Vashi was unchanged at INR 3,150 per 100 kg, he said. The price of sona masoori rice, a premium non-basmati rice, was also steady at INR 5,000 per 100 kg at Bhavanipuram in Andhra Pradesh's Vijayawada, Ravi Shankar, a local trader, said. Sona masoori price is likely to remain steady till December, Shankar said.   End

 

Edited by Subhojit Sarkar

 

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