EPIC RESEARCH NCDEX UPDATE OF MAIZE 19 AUGUST 2016

Maize trading range for the day is 1495-1519. Maize dropped tracking weakness in spot demand despite of firmness in overseas prices on expectations of strong demand. The USDA has projected that India’s total corn output including kharif and rabi would expand by 2 million tonnes (mt) this year. NCDEX accredited warehouses maize stocks gained by 101 tonnes to 10811 tonnes. In Nizamabad maize spot prices dropped -11.45 rupees to 1694.25 rupees per 100kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co