Maize market highlights

As per news reports, in recent days, maize prices have begun to rise again. Since November 1 until this point, prices in Chhindwara have increased by around 5%, trading at Rs 2,200 per quintal (ex-warehouse). Maize prices in the current season reached their lowest point at Rs 2,100 on October 27, 2022. Since then, prices have fluctuated within a small range between Rs 2,110 and 2,170 for a fortnight. Strong demand for maize kept the prices steady despite the peak arrival season. The poultry and starch sectors' buying, which had previously been hand-to-mouth due to increased prices, remained relatively robust in order to meet their demand.