Maize prices hardened by Rs 1.14 per cent to Rs 1,246 per quintal in futures trade today on rise in holdings by investors in line with encouraging physical markets sentiments.
Marketmen said, participants built up positions driven by a strong demand for poultry feed makers and a pause in supplies from growing regions in the spot markets drove the upside movement in prices of maize futures.
At the National Commodity and Derivatives Exchange, maize for August delivery increased by Rs 14, or 1.14 per cent, to Rs 1,246 per quintal, with the business turnover of 10,720 open lots.
Meanwhile, the delivery for July went up by Rs 10, or 0.83 per cent, to Rs 1,210 per quintal, in an open interest of 1,970 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content