India Grain: Wheat steady in Kota; Purnea maize remains unchangedIndia Grain: Wheat steady in Kota; Purnea maize remains unchanged

India Grain: Wheat steady in Kota; Purnea maize remains unchanged

Informist, Thursday, Mar 23, 2023

 

By Arunima Bharadwaj

 

NEW DELHI – Prices of mill-quality wheat remained steady in Rajasthan's Kota, and those of maize were steady in Purnea, Bihar, market participants said.

 

Prices of mill-quality WHEAT were steady today in Kota as supply was sufficient to meet demand, said Aniket Mehta, a local trader. Wheat was sold at 2,250 rupees per 100 kg, unchanged from Wednesday, Mehta said. Arrivals of wheat, however, were pegged at 20,000 bags (1 bag = 50 kg), up 2,000 bags from the previous trading day.

 

Wheat prices were unavailable in Madhya Pradesh's Indore as markets were shut on account of a local festival, said Jitendra Panwar, a local trader. Markets will reopen on Friday, Panwar said.

 

Harvesting of wheat has already begun in Madhya Pradesh and procurement of the crop will begin from Saturday. Wheat procurement in Punjab and Haryana will start from Apr 1.

 

MAIZE was sold at 2,500 rupees per 100 kg in Purnea, steady from Wednesday, said Kanhaiya Rastogi, a local trader. Arrivals of the crop were also pegged steady at 150 bags (1 bag = 65 kg), Rastogi said.

 

Prices of maize were unavailable in Davanagere in Karnataka as markets were shut on account of a local festival, traders said. The market will reopen on Friday.

 

Prices of common rice at Karanjia in Odisha and fine rice at Gulbarga in Karnataka were unavailable.

 

The following table details the prices in rupees per 100 kg, in major key markets, along with the change in their value:
 

COMMODITY

    MARKET

      PRICE

     CHANGE

 (rupees/100 kg)

    (rupees)

Wheat

Indore

               --               --

Wheat

Kota

            2,250               --

Maize    

Davanagere

               --

               --

Maize

Purnea

            2,500

               --

 

End

 

Edited by Vidhi Verma

 

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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India Grain: Wheat steady in Kota; Purnea maize remains unchanged

Informist, Thursday, Mar 23, 2023

 

By Arunima Bharadwaj

 

NEW DELHI – Prices of mill-quality wheat remained steady in Rajasthan's Kota, and those of maize were steady in Purnea, Bihar, market participants said.

 

Prices of mill-quality WHEAT were steady today in Kota as supply was sufficient to meet demand, said Aniket Mehta, a local trader. Wheat was sold at 2,250 rupees per 100 kg, unchanged from Wednesday, Mehta said. Arrivals of wheat, however, were pegged at 20,000 bags (1 bag = 50 kg), up 2,000 bags from the previous trading day.

 

Wheat prices were unavailable in Madhya Pradesh's Indore as markets were shut on account of a local festival, said Jitendra Panwar, a local trader. Markets will reopen on Friday, Panwar said.

 

Harvesting of wheat has already begun in Madhya Pradesh and procurement of the crop will begin from Saturday. Wheat procurement in Punjab and Haryana will start from Apr 1.

 

MAIZE was sold at 2,500 rupees per 100 kg in Purnea, steady from Wednesday, said Kanhaiya Rastogi, a local trader. Arrivals of the crop were also pegged steady at 150 bags (1 bag = 65 kg), Rastogi said.

 

Prices of maize were unavailable in Davanagere in Karnataka as markets were shut on account of a local festival, traders said. The market will reopen on Friday.

 

Prices of common rice at Karanjia in Odisha and fine rice at Gulbarga in Karnataka were unavailable.

 

The following table details the prices in rupees per 100 kg, in major key markets, along with the change in their value:
 

COMMODITY

    MARKET

      PRICE

     CHANGE

 (rupees/100 kg)

    (rupees)

Wheat

Indore

               --               --

Wheat

Kota

            2,250               --

Maize    

Davanagere

               --

               --

Maize

Purnea

            2,500

               --

 

End

 

Edited by Vidhi Verma

 

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 /+91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2023. All rights reserved.