Maize rabi futures rise Rs 15 per quintal

Maize rabi prices remained higher for the second session and added Rs 15 to Rs 1,310 per quintal in futures trade today as traders raised holdings in line with upbeat spot cues.
At the National Commodity and Derivatives Exchange, maize rabi to be delivered this month rose further by Rs 15, or 1.16 per cent, to Rs 1,310 per quintal, in an open interest of 7,400 lots.
Also, the delivery in September edged higher by Rs 8, or 0.690 per cent, to Rs 1,332 per quintal, clocking an open interest of 7,190 lots.
Marketmen said raising of bets by participants amid a firm trend at the spot markets on robust demand, kept maize rabi prices higher in futures trade.