Maize prices firmed up by Rs 17 to Rs 1,479 per quintal in futures trading today after speculators created positions, triggered by a rising trend at the physical markets.
Marketmen said strong demand from poultry feed makers amid tight arrivals from growing regions in spot markets mainly influenced the rise in maize prices at futures trade here.
At the National Commodity and Derivatives Exchange, maize for delivery in far-month March surged Rs 17 or 1.16 per cent to Rs 1,479 per quintal, with an open interest of 100 lots.
Also, maize for delivery in most-active February was up by Rs 15 or 1.04 per cent to Rs 1,461 per quintal, in an open interest of 13,940 lots.
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