EPIC RESEARCH NCDEX MAIZE UPDATE OF 12 MAY 2017

Maize trading range for the day is 1452-1504. Maize prices ended with flat node amid fresh demand and arrival pressure. India 2016-17 maize output seen at record of 26.14 mln tons.NCDEX accredited warehouses maize stocks gained by 41 tonnes to 1186 tonnes. In Nizamabad maize spot prices dropped -15.25 Rupees to 1517.75 Rupees per 100kgs.

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