India Grain: Wheat prices fall in Indore, Kota as supply increases

India Grain: Wheat prices fall in Indore, Kota as supply increases

Informist, Wednesday, Sep 22, 2021

 

By S. Anirudh Iyer

 

NEW DELHI – Prices of wheat fell at Indore in Madhya Pradesh and Kota in Rajasthan today, while those of maize were steady across the country, traders said. 

 

* WHEAT prices in Indore fell today because of a rise in supply amid steady demand from bulk buyers, a local trader Sachin Agarwal said. 

 

* Arrivals were pegged higher at 1,200 bags (1 bag = 100 kg), from around 1,000 bags on the previous day, another local trader Manoj Kala said. 

 

* In Kota, prices fell due to an increase in supply of the food grain, traders said. Arrivals were pegged at around 4,000 bags (1 bag = 100 kg), from 3,000 bags the previous day. 

 

* MAIZE prices in Bihar's Purnea were steady as local demand from traders was offset by a rise in supply, a local trader Ghanshyam Yadav said. Arrivals were pegged higher at 15,000 bags (1 bag = 65 kg), from 12,000 bags on the previous day.

 

* Prices at Davanagere in Karnataka were also steady on a parity in demand and supply, a local trader Shiv Kumar said. 

 

* Prices of BASMATI 1121 PADDY and BAJRA were largely unchanged across markets.

 

COMMODITYMARKETPRICE
(rupees/100 kg)
CHANGE
(rupees)
WheatIndore1,930-1,980-(20)
WheatKota    1,930-(20)
MaizePurnea1,800-1,890--
Maize    Davanagere2,000-2,050--
Pusa 1121 basmati paddyAmritsar3,120-3,160--
BajraJaipur1,400-1,500--

 

 

End

 

Edited by Akul Nishant Akhoury

 

 

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