Thursday, 18 February 2016

Maize Ncdex News Update

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Maize prices ended lower by 0.8 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. 

At the NCDEX, maize futures for March 2016 contract closed at Rs. 1,360 per quintal, down by 0.8 per cent, after opening at Rs. 1,365 against the previous closing price of Rs. 1,371. It touched the intra-day low of Rs. 1,347. 

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