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Tuesday, October 4, 2022

India Grain: Wheat prices unavailable as mkt shut; maize prices flat

Informist, Thursday, Aug 11, 2022

 

By Tanya Rana

 

NEW DELHI – Prices of wheat was unavailable in key wholesale markets of India today as mandis were shut ON ACCOUNT OF RAKSHA BANDHAN, while that of maize was stable across key wholesale markets, traders said.

 

* Prices of MAIZE were flat in Davanagere, Karnataka, due to unchanged demand and steady supply, a local trader Shiva Kumar said.

 

* Arrivals were steady at 1,000 bags (1 bag = 65 kg), Kumar added.

 

* In Purnea, a key spot market in Bihar, prices of MAIZE were steady due low demand from poultry sector amid a fall in supply, a local trader Kanhaiya Rastogi said.

 

* Arrivals were estimated at 15,000 bags, compared with 18,750 bags from Wednesday. 

* Prices of BASMATI 1121 RICE were stable today because of steady demand from bulk buyers, traders said. 

 

* Prices of mill quality WHEAT in Indore, Madhya Pradesh, and Kota, Rajasthan, were unavailable as key wholesale markets were shut today on account of Raksha Bandhan, traders said.

 

* Markets will resume trade from Friday.

 

COMMODITY  MARKET     PRICE     CHANGE (rupees/100 kg)    (rupees)WheatIndore               —               —WheatKota               —               —Maize    Davanagere            2,550

               —

MaizePurnea      2,225-2,420               —Pusa 1121 basmati riceAmritsar            9,050               —

 

End

 

Edited by Deepshikha Bhardwaj

 

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

 

Source: Cogencis

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