EPIC RESEARCH NCDEX UPDATE OF MAIZE 28 March 2017

• Maize trading range for the day is 1397-1451. 
  
• Maize prices gained on short covering after prices dropped due to new crop arrival. 
• In Davangere stock of maize could be around 5,00,000 quintal which is same compared to last year. 
• The U.S. Department of Agriculture reported weekly export sales of old-crop U.S. corn at 1.255 million tonnes. 
•  In Nizamabad maize spot prices gained 5 Rupees to 1440 Rupees per 100kgs.

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