Wednesday, May 03, 2017

EPIC RESEARCH NCDEX UPDATE OF MAIZE 3 May 2017


  • Maize trading range for the day is 1494-1516.Maize dropped tracking weakness in spot demand and overseas prices with pressure from U.S. farmers making strong planting progress.
  • Farmers have sown 34 pct of the U.S. corn crop as compared with 17 percent a week ago.NCDEX accredited warehouses maize stocks dropped by 221 tonnes to 1397 tonnes.
  • In Nizamabad maize spot prices dropped -2.75 Rupees to 1532.75 Rupees per 100kgs.

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