 "Maize up 1.8% on spot demand")
Maize prices rose by Rs 20 to Rs 1,130 per quintal in futures trading today largely in line with rising demand at spot market.
At the National Commodity and Derivatives Exchange counter, maize for the delivery in June shot up by Rs 20, or 1.80%, to Rs 1,130 per quintal, with an open interest of 23,110 lots.
Similarly, the July contracts also traded Rs 16, or 1.39%, higher at Rs 1,164 per quintal, with an open interest of 35,830 lots.
Marketmen said rise in demand against restricted supplies in physical markets mainly pushed up the rise in maize prices in futures trade.
At the National Commodity and Derivatives Exchange counter, maize for the delivery in June shot up by Rs 20, or 1.80%, to Rs 1,130 per quintal, with an open interest of 23,110 lots.
Similarly, the July contracts also traded Rs 16, or 1.39%, higher at Rs 1,164 per quintal, with an open interest of 35,830 lots.
Marketmen said rise in demand against restricted supplies in physical markets mainly pushed up the rise in maize prices in futures trade.