EPIC RESEARCH NCDEX UPDATE OF MAIZE 21 November 2016

Maize trading range for the day is 1423-1457. Maize prices ended with gains tracking firmness in spot demand amid lower arrivals and overseas prices. The USDA reported export sales of U.S. corn at 1,661,000 tonnes, topping a range of trade expectations for 900,000 to 1.2 million tonnes. NCDEX accredited warehouses maize stocks dropped by 410 tonnes to 3162 tonnes. In Nizamabad maize spot prices dropped -1.65 rupees to 1434.35 rupees per 100kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300