Monday, January 30, 2017

Maize trading range for the day is 1424-1486. Maize prices dropped tracking weakness in spot demand and overseas prices pressured by fears of reduced exports to Mexico. IGC raised its forecast for the global grains crop in 2016/17 from an already record level, partly driven by improved outlook for China's corn crop. NCDEX accredited warehouses maize stocks gained by 10 tonnes to 9603 tonnes. In Nizamabad maize spot prices remains unchanged at0 Rupees to 1498.75 Rupees per 100kgs.

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