India wheat up in Indore on firm demand, down in Jaipur.

Prices of mill-quality wheat rise due to low arrivals and firm demand from bulk buyers. In Jaipur, prices fell due to weak demand and largely steady arrivals. In Indore, arrivals are pegged at 400-500 bags (1 bag = 100 kg), compared with 1,000 bags. In Jaipur, arrivals are pegged steady at 700-800 bags. Prices of wheat are likely to fall in the coming days as the output in the crop year ending June is seen at a record high of 106.12 mln tn, up 2.5% on year. In Jaipur, prices of bajra fell due to lack of demand from bulk buyers.

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