Maize prices edged higher by Rs 21 to Rs 1,081 per quintal in futures trading today as participants created speculative positions.
At the National Commodity and Derivatives Exchange counter, maize prices for most-active near contracts July month advanced by Rs 21, or 1.98 per cent, to Rs 1,081 per quintal in an open interest of 37,380 lots.
Maize for the delivery in current month, June also up by Rs 16, or 1.55 per cent, to Rs 1,048 per quintal having an open interest of 10,800 lots.
Marketmen attributed rise in maize prices to speculative positions built-up by particpnants but ample supplies from growing regions, capped the gains.