EPIC RESEARCH NCDEX UPDATE OF MAIZE 03 November 2016

Maize trading range for the day is 1378-1402. Maize dropped on profit booking after gaining earlier amid inconsistent quality even as maize harvest continues at rapid pace. Maize harvest continues at a fast pace in Telanagana, Karnataka and arrivals are somewhat good, but the quality of the produce is inconsistent. At Naugachia market in Bihar sources reported arrivals at 50 Quintal, higher by 50 Quintal from previous trading day. In Nizamabad maize spot prices dropped -14.8 rupees to 1443.3 rupees per 100kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300