Tuesday 24 January 2017

EPIC RESEARCH NCDEX MAIZE UPDATE OF 24 JANUARY 2017

Maize trading range for the day is 1455-1501. Maize prices ended with gains tracking firmness in overseas prices and due to stockiest demand. USDA’s weekly export sales report put corn sales at nearly 1.4 million tonnes, topping a range of trade expectations. USDA also said that private exporters in the last day sold 126,312 tonnes of U.S. corn to unknown destinations. In Nizamabad maize spot prices gained 11 rupees to 1500 rupees per 100kgs.

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