Maize prices revealed a mixed trend in the futures market today with rise in far months contract on speculative buying while fall in near months contracts owing to profit booking.
Marketmen said increased buying by traders on hopes of fall in stocks later, caused a rise in far months contract prices.
"While profit taking by traders mainly held current months contracts under pressure," they added.
At the National Commodity and Derivatives Exchange, maize prices for the month of August contract delivery improved by Rs 6.50 or 0.64 per cent to Rs 1,017 per quintal, with an open interest of 13,810 lots.
On the other hand, July contract fell by Rs 2.50 or 0.25 per cent to Rs 1,009 per quintal, with an open interest of 14,040 lots.
