EPIC RESEARCH NCDEX UPDATE OF MAIZE 20 October 2016

Maize trading range for the day is 1327-1351. Maize prices ended with gains tracking firmness in spot demand and overseas prices amid slow U.S. harvest. The USDA said the U.S. corn harvest was 46 percent completed, behind the five-year average of 49 percent and lagging trade expectations. As per IBIS data, India exported 363.2 MT maize during the week ended 16th October’16 against 1153 MT previous week ending 8th October’16. In Nizamabad maize spot prices dropped -13.5 rupees to 1443.15 rupees per 100kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300