You are here: Home » PTI Stories » National » News
Business Standard

Maize futures drop on profit booking

Press Trust of India  |  New Delhi 

Maize prices drifted lower by Rs 45 to Rs 1,492 per quintal in futures trading today as traders offloaded their positions, tracking a weak trend at the physical markets.

At the National Commodity and Derivative Exchange, maize for delivery in current month contracts dipped by Rs 45 or 2.93 per cent to Rs 1,492 per quintal, with an open interest of 1,350 lots.



Maize for most-active December month contracts delivery dropped by Rs 14 or 1.04 per cent to Rs 1,338 per quintal, having an open interest of 11,190 lots.

Marketmen said the fall in maize prices at futures trade was mostly due to profit-booking at current levels by participant s amid a weak trend at the spot markets.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Maize futures drop on profit booking

Maize prices drifted lower by Rs 45 to Rs 1,492 per quintal in futures trading today as traders offloaded their positions, tracking a weak trend at the physical markets. At the National Commodity and Derivative Exchange, maize for delivery in current month contracts dipped by Rs 45 or 2.93 per cent to Rs 1,492 per quintal, with an open interest of 1,350 lots. Maize for most-active December month contracts delivery dropped by Rs 14 or 1.04 per cent to Rs 1,338 per quintal, having an open interest of 11,190 lots. Marketmen said the fall in maize prices at futures trade was mostly due to profit-booking at current levels by participant s amid a weak trend at the spot markets. Maize prices drifted lower by Rs 45 to Rs 1,492 per quintal in futures trading today as traders offloaded their positions, tracking a weak trend at the physical markets.

At the National Commodity and Derivative Exchange, maize for delivery in current month contracts dipped by Rs 45 or 2.93 per cent to Rs 1,492 per quintal, with an open interest of 1,350 lots.

Maize for most-active December month contracts delivery dropped by Rs 14 or 1.04 per cent to Rs 1,338 per quintal, having an open interest of 11,190 lots.

Marketmen said the fall in maize prices at futures trade was mostly due to profit-booking at current levels by participant s amid a weak trend at the spot markets.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Maize futures drop on profit booking

Maize prices drifted lower by Rs 45 to Rs 1,492 per quintal in futures trading today as traders offloaded their positions, tracking a weak trend at the physical markets.

At the National Commodity and Derivative Exchange, maize for delivery in current month contracts dipped by Rs 45 or 2.93 per cent to Rs 1,492 per quintal, with an open interest of 1,350 lots.

Maize for most-active December month contracts delivery dropped by Rs 14 or 1.04 per cent to Rs 1,338 per quintal, having an open interest of 11,190 lots.

Marketmen said the fall in maize prices at futures trade was mostly due to profit-booking at current levels by participant s amid a weak trend at the spot markets.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard