Maize trading range for the day is 1207-1261.
Maize dropped on subdued demand from overseas buyers as it is quoted at a premium over competitors in the international market
The rejected U.S. corn from Chinese ports is getting diverted to Vietnam and Indonesia, killing demand from India.
NCDEX accredited warehouses maize stocks gained by 761 tonnes to 10553 tonnes.
Technically market is under fresh selling as market has witnessed gain in open interest by 16.96% to settled at 14550
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