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Informist, Monday, Nov. 3, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of wheat and maize were mixed, while prices of rice were steady in key spot markets across the country, traders said. Prices of wheat rose in some markets due to a higher demand, while they fell in others amid high arrivals, traders said. Prices of maize fell in some markets due to low demand, they said. Prices of rice remained unchanged due to lack of fresh cues, though they could rise in the near term due to reports of crop damage, they said.

 

Prices of WHEAT in Indore rose by INR 5 per 100 kg from Friday to INR 2,775 per 100 kg due to higher demand, said Gaurav Kochar, a local trader. Kochar expects prices to rise further as high demand is likely to continue.

 

On the other hand, prices of wheat in Kota, Rajasthan, fell by INR 10 per 100 kg from the previous week to INR 2,300 per 100 kg, said Aniket Mehta, a local trader. Prices were weighed down by a rise in arrivals, he said. Arrivals in the market have surged as heavy rainfall in the region has subsided and smooth transportation has resumed, he said. Arrivals in Kota surged by 11,000 bags from last week to 15,000 bags (1 bag = 50 kg), he said.

 

Prices of wheat at the Vashi market in Navi Mumbai held steady at INR 2,800-INR 2,825 per 100 kg due to lack of cues, Devendra Vora, a wholesale trader, said. Vora said wheat prices will remain steady till the end of this year as supply is sufficient to meet demand. 

Prices of major RICE varieties remained steady in key markets due to lack of fresh cues. Prices of basmati rice varieties 1401 and 1121 remained unchanged at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, in Mumbai's Vashi market, Vora said. Prices of sona masoori rice, a premium non-basmati rice, remained stable at INR 5,000 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, said Ravi Shankar, a local trader. Prices are currently steady amid low demand and sufficient stocks with traders, Shankar said.

 

Prices could rise in the near term due to reports of crop damage in the state, Shankar said. Andhra Pradesh was battered by very heavy to extremely heavy rainfall last week due to cyclone 'Montha'. The cyclone caused widespread infrastructure damage, loss of lives, and flash floods in low-lying areas in the state. The damage to the paddy crop was nearly across 86,159 hectares, 6% of the total area sown, according to the preliminary damage estimate. Paddy is the largest kharif crop in the state. 

 

The price of 5% broken rice in Vashi was unchanged at INR 3,150 per 100 kg, he said. Prices of rice are expected to remain steady till the end of the year, Vora added. 

 

Prices of MAIZE in Indore fell by INR 10 from the previous week to INR 1,810 per 100 kg, Kochar said. Prices fell amid higher arrivals and lower demand, he said. Meanwhile, maize prices in Davanagere, Karnataka, remained steady at INR 1,600-INR 1,900 per 100 kg, said local trader Shiva Kumar. Arrivals at Davanagere were also steady at 5,000 bags (1 bag = 60 kg), he said.  End

 

With inputs from Udita S. Jaiswal

Edited by Nishant Maher

 

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