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Friday, January 10, 2014

EPIC AGRI COMMODITY UPDATE: MAIZE


Maize trading range for the day is 1201-1237.
Maize ended with losses due to strong sowing progress of rabi crop in the current year along with receding export demand in local mandies
The total sowing acreage of rabi maize reported at 11.46 lakh hectares, up 13% from the last year in the same period.
NCDEX accredited warehouses maize stocks gained by 277 tonnes to 10830 tonnes.
Technically market is under fresh selling as market has witnessed gain in open interest by 6.39% to settled at 15480

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