Friday 21 October 2016

EPIC RESEARCH NCDEX MAIZE UPDATE OF 21 Oct 2016

Maize trading range for the day is 1335-1383.
Maize prices gained tracking firmness in spot demand and overseas prices as bullish data on ethanol supported the market.
The U.S. EIA said ethanol production last week increased by 36,000 barrels per day.
NCDEX accredited warehouses maize stocks dropped by 351 tonnes to 50 tonnes.
In Nizamabad maize spot prices gained 1.85 rupees to 1445 rupees per 100kgs.


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