EPIC RESEARCH NCDEX MAIZE UPDATE OF 15 FEBRUARY 2016

Maize trading range for the day is 1373-1391.
Maize prices ended with gains tracking firmness in spot demand despite of weak trend in overseas prices due to plentiful global supplies.
The USDA reported weekly net export corn sales of 405,000 tonnes, well below forecasts for 800,000 to 1.1 million tonnes.
At Nizamabad market in Andhra Pradesh total arrivals are at 200 Qtl, down by 400 Qtl as against previous day.

In Nizamabad maize prices dropped -5 rupee to end at 1490 rupees per 100 kg.

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