Maize prices strengthened by ethanol demand, likely to stay firm until new Kharif crop arrives
18-Aug-2025 02:35 PM
Maize prices strengthened by ethanol demand, likely to stay firm until new Kharif crop arrives
★ Maize prices across the country are witnessing an upward trend. Rising demand from ethanol production and steady consumption in the poultry sector have supported the market.
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According to the latest data:
★ Delhi UP Line Bilty stood at ₹2,300 per quintal on August 18, down by ₹100 compared to August 16. However, it is higher by ₹100 against July and ₹125 compared to June.
★ Etah market recorded ₹2,100, lower by ₹50 from the previous session. Still, it is up by ₹150 compared to both July and June.
★ Bhusawal prices remained steady at ₹2,310. While down by ₹10 compared to July, they are stronger by ₹80 from June.
★ Gulabbagh prices were at ₹2,400, gaining ₹50 over the last session. This is an increase of ₹50 compared to July and a sharp rise of ₹170 over June.
★ Ethanol demand has been the key driver behind firm maize prices. Experts suggest that prices may continue to improve until the arrival of the new Kharif crop.