More Stories

Informist, Wednesday, Feb. 25, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of wheat showed mixed trends Wednesday, while those of maize and rice were steady in key spot markets across the country, traders said. Wheat prices fell in most markets due to a rise in arrivals of the new rabi crop, they said. Maize prices remained unchanged amid tepid market activity, while those of rice were steady due to stable demand, they said.

 

WHEAT prices in Indore, Madhya Pradesh, fell INR 20 per 100 kilograms from Tuesday to INR 2,580 per 100 kg, said Gaurav Kochar, a local trader. Prices fell due to a rise in arrivals of the new rabi crop amid low demand, he said. Arrivals of the new crop have increased slightly, but demand remains sluggish for both the old and new stocks of the staple grain, he added. The new arrivals have a certain level of moisture in them, which lowers its quality and makes it less appealing to buyers, he said. The quality of arrivals is expected to improve by April, he said. Prices are expected to fall further by INR 100 per 100 kg in the near term under arrival pressure, he said.

 

The price of wheat in Kota, Rajasthan, fell INR 10 from the previous day to INR 2,350-INR 2,390 per 100 kg, said Ravi Mehta, a local trader. Arrivals rose 1,000 bags to 5,000 bags (1 bag = 50 kg), he said. Prices were weighed down by low market sentiment, he said. "There is no level of prices in the market--new arrivals in Rajasthan have not started yet, and nobody wants to do business in the old stock," the trader said. With ample availability of the grain, the market is unable to determine a fixed range for prices currently, he said. There are ample carry-over stocks from last year, while a record production of wheat is expected this year, he said. "Price range will be properly determined once new arrivals begin in full swing, because buyers will be able to determine the quality of arrivals and demand for fresh stocks will also eventually rise," he said.

 

Prices of wheat in Vashi, Navi Mumbai, Maharashtra, were steady at INR 2,700 per 100 kg, said Devendra Vora, a wholesale trader. Prices were steady amid low market activity, he said.

 

The price of MAIZE in Indore was unchanged at INR 1,690 per 100 kg, Kochar said. Prices were steady as the market was awaiting the new arrivals to increase, he said. While there is some demand for the old stocks of the grain, it is limited to hand-to-mouth purchases, keeping prices largely steady, he said. "Buyers are waiting for more new arrivals so that prices go down and they can get fresh stock," he said.

 

Prices of maize in Davangere, Karnataka, were steady at INR 1,600–INR 1,800 per 100 kg, said Shiva Kumar, a local trader. Arrivals were steady at 3,000 bags (1 bag = 60 kg), he said. 

 

Prices of the main varieties of RICE remained unchanged 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, Vora said. The demand for both basmati and non-basmati varieties of rice is stable, he 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 local trader. Prices are likely to remain steady in the near term due to seasonally low demand, he said.  End

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.