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Informist, Thursday, Nov. 6, 2025

 

By Udita S. Jaiswal

 

MUMBAI – The price of maize in Indore, Madhya Pradesh, fell owing to an increase in arrivals coupled with low demand, while prices of the grain in other markets remained unchanged, traders said. Prices of rice remained unchanged in key spot markets owing to a lack of fresh cues. Prices of wheat were also steady despite a fall in arrivals.

 

The price of MAIZE in Indore fell INR 30 per 100 kg to INR 1,780 per 100 kg owing to higher arrivals and low demand, Gaurav Kochar, a local trader, said. The prices of maize in Davanagere, Karnataka, remained steady at INR 1,600–INR 1,900 per 100 kg, said local trader Shiva Kumar. Arrivals fell 3,000 bags to 7,000 bags (1 bag = 60 kg) from 10,000 bags on Wednesday. Prices are expected to remain steady till the end of November, Kumar said. 

 

Prices of WHEAT at Vashi in Navi Mumbai remained unchanged at INR 2,800-INR 2,825 per 100 kg, Devendra Vora, a wholesale trader, said. Vora said wheat prices will remain steady till the end of the year as demand is on a par with supply. The price of wheat in Indore was also steady at INR 2,775 per 100 kg, Kochar said. Prices are likely to rise by INR 50 per 100 kg "as and when demand for wheat rises", he said. 

 

The price of wheat at Kota, Rajasthan, was also steady at INR 2,300 per 100 kg, according to Aniket Mehta, a local trader. Wheat arrivals in Kota ranged between 7,000 and 8,000 bags (1 bag = 50 kg). According to traders, arrivals of wheat in the market are down as arrivals of other grains have increased. Farmers are preferring to bring the newly harvested crop of rice and other kharif grains over their old stocks of wheat.

 

Prices of major varieties of RICE remained steady in key markets due to the 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, at the Vashi market, Vora said. The price 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 because demand is down and there are sufficient stocks with traders, Shankar said. However, prices could rise in the near term due to reports of crop damage in Andhra Pradesh, he said. The paddy crop across 86,159 hectares, 6% of the total area sown, was damaged due to heavy rains, according to a preliminary estimate. Paddy is the largest kharif crop cultivated in the state.  End

 

Edited by Rajeev Pai

 

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