 "Maize slips over 2% on weak market sentiment")
Maize prices tumbled by Rs 26 to Rs 1,255 per quintal in futures trade today on the back of weak domestic and overseas market sentiments.
Marketmen said tracking weak international trend, traders proffered to off-load holdings.
Increased supply and reduced offtake in physical markets also put some pressure on prices, they added.
Current August contract lost Rs 22, or 1.70% to Rs 1,273 per quintal, with an open interest of 22,160 lots.
Marketmen said tracking weak international trend, traders proffered to off-load holdings.
Increased supply and reduced offtake in physical markets also put some pressure on prices, they added.
Also Read
At the National Commodity and Derivatives Exchange, maize for most active September contract slipped by Rs 26, or 2.03%, to Rs 1,255 per quintal, clocking an open interest of 28,780 lots.
Current August contract lost Rs 22, or 1.70% to Rs 1,273 per quintal, with an open interest of 22,160 lots.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%