EPIC RESEARCH NCDEX MAIZE UPDATE OF 17 MARCH 2016

Maize trading range for the day is 1275-1287.   
Maize prices ended with gains amid a firming trend at the domestic spot markets and positive global cues.     
As per sources, in Karnataka, stock of maize could be around 100,000 MT in the hands of Private traders, which was 200,000 MT.      
As per IBIS data, around 10655 MT was exported mainly to Nepal followed by Sri Lanka and UAE for the month of February, lower by 38.66%.       
In Nizamabad maize prices gained 2.7 rupee to end at 1447.7 rupees per 100 kg.
 
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