Maize prices went down by 0.67 per cent to Rs 1,329 per quintal in futures trade today on minimizing bets amid lower physical markets stance.
Marketmen mentioned the downturn in maize futures prices to falling prices in the spot markets due to ample stocks on consistent supplies along with slackness in demand from poultry feed makers.
At the National Commodity and Derivatives Exchange counter, maize delivery for September shed Rs 9 or 0.67 per cent to Rs 1,329 per quintal, depicting an open interest of 7,550 lots.
Also, the delivery for October inched down by Rs 9 or 0.66 per cent to Rs 1,360 per quintal, revealing an open interest of 2,70 lots.
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