22.2 C
New York
Thursday, October 6, 2022

India Grain: Indore wheat rises on local demand; maize up in Purnea

Informist, Monday, Jul 11, 2022

 

By Tanya Rana

 

NEW DELHI – Wheat prices rose in key wholesale markets of Indore, Madhya Pradesh, today due to increased domestic demand. Maize prices were also higher in Purnea, a major market in Bihar, due to decline in supply, market participants said.

 

* Prices of mill-quality WHEAT rose in Indore, Madhya Pradesh, due to pick up in demand from flour millers and stockists, said local trader NK Agarwal.

 

* Arrivals were pegged at 5,000 bags, down 1,000 bags from Friday. Arrivals are lower as farmers are busy sowing other crops like paddy and soybean,” Agarwal said.

 

* Prices of mill-quality wheat were flat in Kota, Rajasthan, due to unchanged demand and supply, said local trader Chander Khandelwal.

 

* Arrivals were pegged at 5,000 bags (1 bag = 50 kg), unchanged from the previous trading day. 

 

* Today, prices of MAIZE rose in Purnea, Bihar, due to fall in arrivals, said Kanhaiya Rastogi, a local dealer.

 

* Arrivals were pegged at 22,500 bags (1 bag = 65 kg), down 7,500 bags from the previous day. Arrivals are likely to reduce more in the coming days as markets are nearing the lean season. 

 

* Maize prices were steady in Davanagere, Karnataka. Arrivals were pegged steady at 1,000 bags, said local trader Shiva Kumar. 

 

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

 

COMMODITY  MARKET     PRICE     CHANGE (rupees/100 kg)    (rupees)WheatIndore      2,075-2,125               25WheatKota      2,020-2,060               —Maize    Davanagere            2,600

               —

MaizePurnea      2,100-2,280               30Pusa 1121 basmati paddyAmritsar      3,120-3,160               —BajraJaipur      1,400-1,500               —

 

End

 

Edited by Sushmita Mukherjee

 

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 [email protected]

 

© Informist Media Pvt. Ltd. 2022. All rights reserved.

 

Source: Cogencis

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,294FansLike
12,893FollowersFollow
748FollowersFollow
- Advertisement -

Latest Articles

Popular Articles