Tuesday, July 01, 2014

AGRI COMMODITY NEWS UPDATE MAIZE 01-07-2014 BY EPIC RESEARCH



Maize trading range for the day is 1160-1198.
Maize ended with losses tracking weakness in spot demand amid profit booking on concerns of delay monsoon.
India total maize production in 2013-14 is estimated at 23.29 million tons against 22.26 million tons.
In Bihar arrivals were reported at 5000 Quintal, down by 1667 Quintal from previous trading day.


Technically market is under fresh selling as market has witnessed gain in open interest by 8.11% to settled at 34380

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