EPIC RESEARCH NCDEX UPDATE OF MAIZE 17 JANUARY 2017

Maize trading range for the day is 1419-1451. Maize prices ended with flat node despite stockiest are keen to buy at this time. In India, maize has been sown in around 14.72 lakh hectares as on 13th January’ 17 which is higher than 13.46 lakh hectare. At Naugachia market in Bihar, estimated market supply was at 667 Quintal, down by 166 Quintal as against previous day. In Nizamabad maize spot prices gained 7.75 rupees to 1477.2 rupees per 100kgs.

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