Wednesday, December 18, 2013

EPIC AGRI COMMODITY UPDATE: MAIZE


Maize trading range for the day is 1208-1252.
Maize ended with losses on supplies from the new season harvest, expectations of higher production and on weak overseas demand
Supplies from the new season harvest are rising in the local market and are seen keeping prices under pressure.
NCDEX accredited warehouses maize stocks gained by 1724 tonnes to 6192 tonnes.
Technically market is under long liquidation as market has witnessed drop in open interest by -3.28% to settled at 32170

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