EPIC RESEARCH NCDEX MAIZE UPDATE OF 3 JANUARY 2017

Maize trading range for the day is 1446-1466. Maize settled unchanged despite of firmness in spot demand amid lower supply. In India, maize has been sown in around 13.14 lakh hectares which is higher than 12.27 lakh hectare. NCDEX accredited warehouses maize stocks gained by 21 tonnes to 9308 tonnes. In Nizamabad maize spot prices dropped -0.6 rupees to 1435.65 rupees per 100kgs.

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