Maize prices firmed up by 1.53 per cent to Rs 1,390 per quintal in futures trade Monday following widening of bets by the speculators, backed by a firming trend at the physical markets.
Marketmen said widening of bets by participants in line with a better trend at the spot markets on pick up in demand from poultry feed makers amid tight supplies drove prices higher in futures trade here.
At the National Commodity and Derivatives Exchange counter, Maize for delivery in November contracts gained Rs 21, or 1.53 per cent, to Rs 1,390 per quintal with open interest stood at 30 lots.
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