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India Grain:Kota wheat falls on arrival pressure, maize up in Purnea

Informist, Friday, Jun 17, 2022

 

By Tanya Rana

 

NEW DELHI – Prices of wheat fell in key wholesale markets of Kota today, due to high supply. Maize prices rose in Purnea, Bihar, due to high demand for poultry, market participants said.

 

* Prices of mill-quality WHEAT fell in Kota, Rajasthan, due to pressure on arrivals in spot markets, local trader Chander Khandelwal said.

 

* “Supply rose in spot markets as private traders sold wheat lying at Indian ports after the wheat export ban,” he added.

 

* Arrivals were pegged at 15,000 bags (1 bag = 50 kg), up 3,000 bags from the previous trading day.

 

* Prices of mill-quality wheat were steady in Indore, Madhya Pradesh. Arrivals were pegged steady at 10,000 bags, local trader N.K. Agarwal said.

 

* Prices of MAIZE rose slightly in the key market of Purnea, Bihar, due to high demand from poultry feed manufactures and millers, local dealer Kanhaiya Rastogi said.

 

* Arrivals were pegged at 67,500 bags (1 bag = 65 kg), down 7,500 bags from the previous day. 

 

* Prices of maize were flat in Davanagere, a major market in Karnataka. Arrivals were stable at 1,000 bags, local trader Shiva Kumar said. 

 

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

 

COMMODITY  MARKET     PRICE     CHANGE (rupees/100 kg)    (rupees)WheatIndore            2,100               —WheatKota            2,030           (-) 50Maize    Davanagere            2,100

               —

MaizePurnea      2,100-2,220               20Pusa 1121 basmati paddyAmritsar      3,120-3,160               —BajraJaipur      1,400-1,500               —

 

End

 

Edited by Vidhi Verma

 

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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