EPIC RESEARCH NCDEX UPDATE OF MAIZE 29 DECEMBER 2016

Maize trading range for the day is 1426-1438. Maize prices continued its positive trend tracking firmness in spot demand amid lower supply. At Nizamabad market in Andhra Pradesh, sources reported arrivals at 3000 Qtl, lower by 1000 Qtl as compared to previous day. NCDEX accredited warehouses maize stocks dropped by 52 tonnes to 9317 tonnes. In Nizamabad maize spot prices dropped -0.45 rupees to 1444 rupees per 100kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300