EPIC RESEARCH NCDEX UPDATE OF MAIZE 25 October 2016

Maize trading range for the day is 1334-1382. Maize settled flat tracking weakness in spot demand and weak overseas prices amid harvesting of a record U.S. crop. According to the first advance estimate of food grain production, India is set to produce 19.1 million tons of maize this year. At Khanna market in Punjab, estimated market supply was at 4500 Quintal, higher by 1500 Quintal as compared to previous day. In Nizamabad maize spot prices dropped -21 rupees to 1444 rupees per 100kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300