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India Grain: Purnea maize rises on poultry feed demand; Kota wheat up

Informist, Tuesday, Jul 12, 2022

 

By Tanya Rana

 

NEW DELHI – Wheat prices rose in key wholesale markets of Kota, Rajasthan, today due to high demand from domestic millers. Maize prices were marginally higher in Purnea, a major market in Bihar, due to increased demand from poultry feed manufacturers, market participants said.

 

* Today, prices of MAIZE rose marginally in the key market of Purnea, Bihar, today due to higher demand from poultry feed manufacturers and millers, local dealer Kanhaiya Rastogi said.

 

* Arrivals were pegged at 26,250 bags (1 bag = 65 kg), up 3,750 bags from Monday.

 

* Prices of maize were flat in Davanagere, Karnataka, and arrivals were stable at 1,000 bags, local trader Shiva Kumar said. 

 

* Prices of mill-quality WHEAT rose in Kota, Rajasthan, due to high domestic demand from millers and stockists, said local trader Chander Khandelwal.

 

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

 

* Prices of mill-quality wheat were steady in Indore, Madhya Pradesh, due to unchanged demand and supply, said local trader N.K. Agarwal.

 

* Arrivals were pegged at 5,000 bags, unchanged from Monday. Arrivals are expected to decline in the coming days due to monsoon and as farmers are busy sowing other crops like paddy and soybean.

 

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

 

COMMODITY  MARKET     PRICE     CHANGE (rupees/100 kg)    (rupees)WheatIndore      2,100-2,125               —WheatKota      2,060-2,100               40Maize    Davanagere            2,600

               —

MaizePurnea      2,100-2,300               20Pusa 1121 basmati paddyAmritsar      3,120-3,160               —BajraJaipur      1,400-1,500               —

 

End

 

Edited by Shirsha Thakur

 

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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Source: Cogencis

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