Maize prices moved up by 1.47 per cent, or Rs 17, to Rs 1,172 per quintal in future trade today following increased buying by traders in line with firm physical markets sentiment.
At the National Commodity and Derivatives Exchange, maize for delivery in December moved up by Rs 17, or 1.47 per cent, to Rs 1,172 per quintal, with an open interest of 9,920 lots.
Current November contract also looked up by Rs 7, or 0.62 per cent, to Rs 1,138 per quintal, having an open interest of 9,860 lots.
Marketmen said the rise in maize prices in futures trade was due to a firming trend in the spot markets on rising demand amidst restricted supplies.
