Thursday, 21 January 2016

NCDEX LIVE MARKET UPDATE ON MAIZE

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Maize settled down by -0.14% at 1460 tracking weakness in spot demand and overseas prices. As per Government data, in Maharashtra, maize has been sown in 2.07 lakh hectares higher by 0.10 lakh hectares than the corresponding period of last year.As per Government data, in Gujarat, maize has been sown in 0.69 lakh hectares lower by 0.27 lakh hectares than the corresponding period of last year

Trading Ideas: Maize trading range for the day is 1447-1469.
Maize prices ended with losses tracking weakness in spot demand and overseas prices.
As per Government data, in Gujarat, maize has been sown in 0.69 lakh hectares lower by 0.27 lakh hectares than the corresponding period of last year.
NCDEX accredited warehouses maize stocks gained by 59 tonnes to 22933 tonnes.
In Nizamabad maize prices gained 2.1 rupee to end at 1520.6 rupees per 100 kg.

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