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Informist, Tuesday, Nov. 18, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Prices of maize in Indore, Madhya Pradesh, fell Tuesday due to low demand and high arrivals, traders said. Prices of maize remained unchanged in other key spot markets, they said. Prices of rice and wheat were steady due to lack of fresh cues, traders said. Prices of wheat are expected to decline as the government has begun open market sales of the grain, they added.

 

Prices of MAIZE in Indore fell by INR 20 per 100 kilograms to INR 1,770 per 100 kg, local trader Gaurav Kochar said. The fall in prices was due to high arrivals and low demand, he said. Prices of maize at Davanagere in Karnataka remained steady at INR 1,600–INR 1,940 per 100 kg, said local trader Shiva Kumar. Arrivals in Karnataka were also steady at 10,000 bags (1 bag = 60 kg).

 

Prices of major varieties of RICE remained steady in key markets due to lack of fresh cues. The prices of basmati 1401 and 1121 varieties remained unchanged at INR 7,500-INR 7,600 per 100 kg and INR 8,300-INR 8,400 per 100 kg, respectively, in Vashi, Vora said. The price of sona masoori rice, a premium non-basmati rice, was stable at INR 5,200-INR 5,300 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, local trader Ravi Shankar said. Prices are likely to remain steady in the near term as "there is no demand but lots of supply," he said.

 

As of Nov. 11, the acreage of paddy was 744,000 hectares, an increase of 9.1% from 682,000 hectares a year ago, a release from the agriculture ministry showed.

 

Prices of WHEAT in Indore were steady at INR 2,765 per 100 kg, Kochar said. Prices of wheat in Vashi were also steady at INR 2,800-INR 2,825 per 100 kg due to lack of fresh cues, wholesale trader Devendra Vora said.  

 

In Kota, Rajasthan, wheat prices were largely steady at INR 2,500 per 100 kg, local trader Aniket Mehta said. Arrivals in Kota were largely steady after the weekend at 6,000–7,000 bags (1 bag = 50 kg). Arrivals were steady as farmers preferred to bring in their freshly harvested kharif crops over their older stocks of wheat, he said. Mehta expects prices to fall by INR 50–INR 100 per 100 kg in the near term as the government commenced open market sales of wheat last week.

 

As of Nov. 11, the area under wheat, the largest rabi crop in terms of both volume and acreage, was 6.62 million hectares, up 17% from 5.66 million hectares a year ago. Wheat is grown only in the rabi season in India.  End

 

Edited by Avishek Dutta

 

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