Maize prices rose by Rs 20 to Rs 1,566 per quintal in futures trading today as traders widened positions in tandem with firm physical markets.
Marketmen said strengthening of demand from poultry feed makers amid restricted supplies from growing regions in spot markets mainly caused the upsurge in maize prices in future trading.
At the National Commodity and Derivative Exchange, maize delivery for current September month contract spurted by Rs 20 or 1.29 per cent to Rs 1,566 per quintal, with an open interest of 10,460 lots.
Most active November month contract delivery too rose by Rs 9 or 0.66 per cent to Rs 1,370 per quintal, clocking an open interest of 5,680 lots.
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