Maize prices firmed up by Rs 27.50 to Rs 1,299 per quintal in futures trade today as speculators preferred to raise holdings on higher overseas advices.
Marketmen said rise in maize prices in the international markets and restricted supply at domestic markets, mainly boosted the trading sentiments here in future markets.
At the National Commodity and Derivatives Exchange, maize prices for delivery in February rose by Rs 27.50, or 2.16% to Rs 1,299 per quintal, with an open interest of 6,310 lots.
January maize moved higher by Rs 21.50, or 1.74%, to Rs 1,258.50 per quintal, witnessing an open interest of 9,870 lots.
