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Informist, Wednesday, Jan. 14, 2026

 

By Udita S. Jaiswal 

 

MUMBAI – Prices of wheat in Indore, Madhya Pradesh, rose slightly on the back of firm festival demand, traders said. Prices of rice were unchanged due to lack of fresh cues, they said. Prices of maize were also steady in key spot markets. Some markets were shut on account of Makar Sankranti, they said.

 

WHEAT prices in Indore rose by INR 20 per 100 kilograms to INR 2,820 per 100 kg due to firm festival demand, said local trader Gaurav Kochar. Prices of wheat in Vashi, Navi Mumbai, were steady at INR 3,000 per 100 kg, said Devendra Vora, a wholesale trader. Prices of wheat in Kota, Rajasthan, were unavailable as the market was shut on account of Makar Sankranti, said Ravi Mehta, a local trader. 

 

Traders and farmers anticipate wheat output to surpass the previous year's record high of 117.94 million tonnes, driven by higher acreage and favourable crop conditions, analysts and market participants said. Some traders and farmers anticipate that the government might allow the export of wheat and wheat products, they said. 

 

Prices of MAIZE in Indore were steady at INR 1,770 per 100 kg due to lack of fresh cues, Kochar said. He expects maize prices to fall in the near term as new arrivals will begin shortly. Maize prices in Davanagere, Karnataka, were also steady at INR 1,700-1,950 per 100 kg, local trader, Shiva Kumar, said. "Today, there were no arrivals in the market due to festivals," Kumar said.

 

Prices of the main varieties of RICE were unchanged in Vashi. Prices of the 1401 and 1121 varieties of basmati rice were at INR 8,000-INR 8,200 per 100 kg and INR 8,400-INR 8,800 per 100 kg, Vora said.  "There is demand for basmati rice, and prices will go up as and when demand rises," he said.

 

Prices of sona masoori rice, a premium non-basmati variety of rice, were also steady at INR 5,600-INR 5,800 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, said Ravi Shankar, a trader. "Prices are expected to remain steady for around two months, as there is very little demand in the market," Shankar said.  End

 

Edited by Avishek Dutta

 

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