EPIC RESEARCH NCDEX UPDATE OF MAIZE 8 AUGUST 2016

Maize trading range for the day is 1483-1495.Maize prices ended with losses tracking weakness in spot demand and overseas prices. Forecast for global corn ending stock was also raised by 8 MMT to 213 MMT compared to last month and 6 MMT compared to last year.At Nizamabad market in Andhra Pradesh estimated market supply was at 200 Qtl, lower by 100 Qtl as against previous day.In Nizamabad maize spot prices dropped -7.4 rupees to 1723.85 rupees per 100kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co