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Indian-Commodity  :  Commodity-Market  :  Misc Other Commodities  :  Maize futures edges up on strong demand and deficient rain

Maize futures edges up on strong demand and deficient rain (10-Aug-2012)

Maize futures traded up on NCDEX on the back of deficient rainfall. Strong export demand in the domestic market also added some gains in maize future prices.

The contract for August delivery was trading at Rs 1440.00, up by 3.00% or Rs 42.00 from its previous closing of Rs 1398.00. The open interest of the contract stood at 3420 lots.

The contract for September delivery was trading at Rs 1425.00, up by 3.15% or Rs 45.00 from its previous closing of Rs 1430.00. The open interest of the contract stood at 47740 lots on NCDEX.

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