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Informist, Friday, Jan. 30, 2026

 

By Udita S. Jaiswal

 

MUMBAI - Prices of wheat and maize fell in Indore, Madhya Pradesh, on Friday due to low demand and expectations of new rabi arrivals from mid-February, traders said. Prices of wheat also fell in Vashi, Navi Mumbai, due to sluggish demand. Prices of wheat and maize are likely to fall further once arrivals begin. Rice prices remained steady in the key spot markets due to lack of fresh cues, they said. 

 

WHEAT prices in Indore fell by INR 20 per 100 kg to INR 2,740 as the market expects arrivals of the new rabi crop to begin in full swing from mid-February, said Gaurav Kochar, a local trader. Prices were also weighed by low demand, he said. Wheat prices are expected to fall further on the arrival of new rabi crops. Wheat in Vashi also fell by INR 50 per 100 kg to INR 2,900 per 100 kg due to sluggish demand, said wholesale trader Devendra Vora.

 

Prices of wheat in Kota, Rajasthan, were largely steady at INR 2,470-INR 2,520 per 100 kg, said Ravi Mehta, a local trader. Though prices fluctuated by INR 10–INR 20 per kg, the price change is too low to make any difference in the wheat market, he said. Arrivals in the Kota market stood at 4,000 bags (1 bag = 50 kg).

 

Some traders expect damage to wheat crop in Rajasthan due to unfavourable weather conditions. Despite this, prices are unlikely to rise, as there is plenty of wheat in the market, they said. "There is damage that has happened to the wheat crop but not significant to push prices upwards," Mehta said. Rajasthan has recorded a continuous wet spell in the past few days. The India Meteorological Department has forecast hailstorms in some parts of the state during the weekend.

 

Prices of MAIZE in Indore fell by INR 15 per 100 kg to INR 1,725 per 100 kg ahead of new rabi arrivals and low demand in the market, Kochar said. "Prices are expected to fall by INR 100 per 100 kg as the new rabi arrivals will start," he said. Maize prices in Davangere, Karnataka, were largely steady at INR 1,700-INR 1,900 per 100 kg due to low market activity, said Shiva Kumar, a local trader. Arrivals in the market were also steady at 5,000 bags (1 bag = 60 kg), he said.

 

Prices of the main varieties of RICE remained steady in Vashi. The 1401 and 1121 varieties of basmati rice were steady at INR 8,000-INR 8,200 per 100 kg and INR 8,400-INR 8,800 per 100 kg, respectively, due to lack of fresh cues, Vora said.

 

Prices of sona masoori rice, a premium non-basmati variety, 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 likely to remain unchanged for the next two months due to subdued demand in the market, he said.  End

 

Edited by Vandana Hingorani

 

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