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Our Bureau

Coimbatore, May 18

Market yard maize prices last week held ground at Rs 7,200 a tonne, though it is marginally lower compared to the previous week prices.

The delivered maize prices in Gujarat is quoted at Rs 8,400, while the same in Hyderabad is between Rs 7,900 and Rs 8,000 a tonne, according to the weekly commodity price quotes issued by the US Grains Council India market reports. The maize export from India remained strong. The f.o.b. value of exports via Kandla is quoted at $205 per tonne and the delivered maize price to South-East Asian destination from India is quoted at $260 a tonne.

The report said that with import of India’s maize into Pakistan having opened, maize movement is on from Andhra, Karnataka and to some extend from Bihar.

The reports said that while bajra prices last week paled by five per cent to Rs 7,330 a tonne on improved arrivals in Rajasthan, UP and Gujarat, sorghum prices stood up by 12 per cent over the previous week at Rs 11,390 a tonne.

The barley prices remained stable at Rs 10,190 a tonne.

The corn price at the Chicago board of trade is quoted at $232 a tonne for the July shipment and the shipment for September is put at $237.

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