Informist, Thursday, Nov 3, 2022
By Arunima Bharadwaj
NEW DELHI – Prices of wheat rose today in the key wholesale markets of Kota, Rajasthan, due to higher demand and a sharp drop in arrivals, while prices of maize fell in Davanagere, Karnataka, market participants said.
* Prices of mill-quality WHEAT rose in the wholesale markets of Kota due to robust demand in the domestic market, said Aniket Mehta, a local trader. Arrivals fell to 3,000 bags (1 bag = 50 kg) from 8,000 bags on Wednesday, supporting prices.
* Prices of mill-quality wheat were stable in the key wholesale markets of Indore, said N.K. Agarwal, a local trader. Arrivals were pegged at 5,000 bags, unchanged from the previous trading day.
* Prices of MAIZE in Davanagere, a major market in Karnataka, fell for the second consecutive day today due to low demand from stockists, said Shiva Kumar, a local trader. Arrivals were pegged at 12,000 bags (1 bag = 65 kg), down 8,000 bags from the previous trading day.
* Prices of maize in the key wholesale market of Purnea, Bihar, were flat. Arrivals were pegged steady from Wednesday at 7,500 bags, local dealer Kanhaiya Rastogi said.
* Prices of BASMATI 1121 RICE were stable, traders said.
Edited by Avishek Dutta
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