Monday, 8 May 2017

EPIC RESEARCH NCDEX MAIZE UPDATE OF 08 MAY 2017

Maize trading range for the day is 1479-1481.Maize prices ended with losses amid huge arrival pressure despite of the expectation of stockiest demand at lower price level.The USDA data showed weekly U.S. corn export sales of 716,000 tonnes for shipment during the current marketing season.NCDEX accredited warehouses maize stocks dropped by 100 tonnes to 1297 tonnes.
In Nizamabad maize spot prices dropped -0.1 Rupees to 1530.9 Rupees per 100kgs.

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