Monday, 7 November 2016

EPIC RESEARCH NCDEX MAIZE UPDATE OF 07 Nov 2016

Maize trading range for the day is 1379-1393. Maize gains tracking firmness in spot demand due to inconsistent quality even as maize harvest continues at rapid pace. Maize harvest continues at a fast pace in Telanagana, Karnataka and arrivals are somewhat good, but the quality is inconsistent. NCDEX accredited warehouses maize stocks gained by 102 tonnes to 656 tonnes. In Nizamabad maize spot prices dropped -0.5 rupees to 1440.1 rupees per 100kgs.
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