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India Grain: Wheat prices steady in Kota on low supply, poor demand

Informist, Thursday, Sep 23, 2021

 

By Kavita Desai

 

MUMBAI – Prices of wheat and maize were steady across key wholesale markets in the country today, traders said. 

 

WHEAT prices in Kota, the benchmark market, were steady today because a fall in arrivals was offset by a lack of demand from bulk buyers. Arrivals were pegged at 3,000 bags (1 bag = 100 kg), compared with 3,500 bags on Wednesday, said Aniket Mehta, a Kota-based trader. 

 

* Prices of wheat in Indore, Madhya Pradesh, were also steady today. Arrivals were unchanged at 4,000 bags (1 bag = 100 kg), said Jitendra Panwar, an Indore-based trader.

 

MAIZE prices in Purnea, Bihar, and Davanagere, Karnataka, were unchanged due to parity in demand and supply, said traders. 

 

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

 

COMMODITYMARKETPRICE
(rupees/100 kg)CHANGE
(rupees)WheatIndore1,920-1,960—WheatKota    1,900-1,925—MaizePurnea1,800-1,890—Maize    Davanagere2,000-2,050—Pusa 1121 basmati paddyAmritsar3,120-3,160—BajraJaipur1,400-1,500—

 

End

 

Edited by Mainak Moitra

 

Cogencis news is now Informist. 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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Source: Cogencis

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