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Maize futures up on spot demand

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Press Trust of India New Delhi
Last Updated : Sep 30 2016 | 1:42 PM IST
Supported by a firm trend at the physical market on rising demand, maize prices were higher by Rs 19 to Rs 1,640 per quintal in futures trading today as participants built up positions.
Marketmen said strong demand in the spot markets from consuming industries, largely influenced sentiments at futures market.
At the National Commodity and Derivatives Exchange, maize for delivery in October improved by Rs 19, or 1.17 per cent, to Rs 1,640 per quintal, showing an open interest of 3,520 lots.
Similarly, the most-active delivery in November moved up by Rs 4, or 0.28 per cent, to Rs 1,449 per quintal, depicting an open interest of 7,350 lots.

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First Published: Sep 30 2016 | 1:42 PM IST

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