Informist, Thursday, Sep 8, 2022
By Tanya Rana
NEW DELHI – Prices of maize fell in Purnea, Bihar, today due to a decline in demand from poultry feed manufacturers, while prices of wheat were flat across key spot markets in India, traders said.
* In Purnea, prices of MAIZE fell for the second straight day today due to a decrease in demand from millers and the poultry sector, Kanhaiya Rastogi, a local dealer, said.
* Arrivals were pegged at 16,500 bags (1 bag = 65 kg), down 2,250 bags from Wednesday.
* Prices of maize were stable in Davanagere, Karnataka on demand-supply parity. Arrivals were at 1,000 bags, Shiva Kumar, a local trader, said.
* Prices of mill quality WHEAT were flat today in Kota, Rajasthan on stable demand and supply, said Aniket Mehta, a local trader.
* Arrivals were pegged steady 8,000 bags (1 bag = 50 kg).
* In Indore, Madhya Pradesh, prices of mill quality wheat were flat. Arrivals were estimated unchanged at 5,000 bags, said a local trader N.K. Agarwal.
* "Prices are not expected to fall beyond 2,350 rupees per 100 kg, due to short arrivals as the new crop will arrive in mandis only in April, which is eight months away," Agarwal said.
* Prices of BASMATI 1121 RICE were unchanged today because of steady demand from bulk buyers, traders said.
| COMMODITY | MARKET | PRICE | CHANGE |
| (rupees/100 kg) | (rupees) | ||
| Wheat | Indore | 2,350-2,400 | -- |
| Wheat | Kota | 2,220 | -- |
| Maize | Davanagere | 2,500 | -- |
| Maize | Purnea | 2,300-2,500 | (-) 25 |
| Pusa 1121 basmati rice | Amritsar | 9,050 | -- |
End
Edited by Deepshikha Bhardwaj
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.
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Informist, Thursday, Sep 8, 2022
By Tanya Rana
NEW DELHI – Prices of maize fell in Purnea, Bihar, today due to a decline in demand from poultry feed manufacturers, while prices of wheat were flat across key spot markets in India, traders said.
* In Purnea, prices of MAIZE fell for the second straight day today due to a decrease in demand from millers and the poultry sector, Kanhaiya Rastogi, a local dealer, said.
* Arrivals were pegged at 16,500 bags (1 bag = 65 kg), down 2,250 bags from Wednesday.
* Prices of maize were stable in Davanagere, Karnataka on demand-supply parity. Arrivals were at 1,000 bags, Shiva Kumar, a local trader, said.
* Prices of mill quality WHEAT were flat today in Kota, Rajasthan on stable demand and supply, said Aniket Mehta, a local trader.
* Arrivals were pegged steady 8,000 bags (1 bag = 50 kg).
* In Indore, Madhya Pradesh, prices of mill quality wheat were flat. Arrivals were estimated unchanged at 5,000 bags, said a local trader N.K. Agarwal.
* "Prices are not expected to fall beyond 2,350 rupees per 100 kg, due to short arrivals as the new crop will arrive in mandis only in April, which is eight months away," Agarwal said.
* Prices of BASMATI 1121 RICE were unchanged today because of steady demand from bulk buyers, traders said.
| COMMODITY | MARKET | PRICE | CHANGE |
| (rupees/100 kg) | (rupees) | ||
| Wheat | Indore | 2,350-2,400 | -- |
| Wheat | Kota | 2,220 | -- |
| Maize | Davanagere | 2,500 | -- |
| Maize | Purnea | 2,300-2,500 | (-) 25 |
| Pusa 1121 basmati rice | Amritsar | 9,050 | -- |
End
Edited by Deepshikha Bhardwaj
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 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2022. All rights reserved.
