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Maize futures ease Rs 14 per quintal

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Press Trust of India New Delhi
Last Updated : May 03 2017 | 1:48 PM IST
Maize kharif prices drifted lower by Rs 14 to Rs 1,424 per quintal in futures trading today after speculators reduced their positions amid weak physical markets.
Marketmen said trimming of positions by participants in tandem with a weak trend at the domestic spot markets, mainly dragged down prices at futures trade.
At the National Commodity and Derivatives Exchange, maize for delivery in current month dropped by Rs 14, or 0.97 per cent, to Rs 1,424 per quintal, showing an open interest of 2,000 lots.
Maize for delivery in June also receded by Rs 4, or 0.27 per cent, to Rs 1,501 per quintal, having an open interest of 210 lots.

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First Published: May 03 2017 | 1:48 PM IST

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