EPIC RESEARCH NCDEX MAIZE UPDATE OF 22 MARCH 2016

Maize trading range for the day is 1259-1287.

Maize prices ended with losses as plentiful global supply anchored the
markets.

India canceled a tender to import 240,000 tonnes of corn, hoping for a
bigger-than-expected local summer harvest.

At Nizamabad market in Andhra Pradesh estimated market supply was at 800
Qtl, higher by 300 Qtl from previous trading day.

In Nizamabad maize prices dropped -4.55 rupee to end at 1445 rupees per 100
kg.


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