Wednesday, January 08, 2014

EPIC AGRI COMMODITY UPDATE:MAIZE


Maize trading range for the day is 1218-1254.
Maize prices continued its positive trend to end with gains tracking firmness in spot demand amid short covering.
Sources estimate corn output to be slightly higher at 22.5 million tonnes in 2013/14, compared with 22.23 million tonnes.
NCDEX accredited warehouses maize stocks gained by 1627 tonnes to 9792 tonnes.


Technically market is under fresh buying as market has witnessed gain in open interest by 5.42% to settled at 12440 Visit Here



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