Maize up on global cues
Restricted supply and pick-up in demand in physical markets pushed up the prices
Maize prices improved by Rs 20 to Rs 1,090 per quintal in futures trading today following increased buying by traders in line with firm overseas cue.
Marketmen said tracking firm global markets sentiment, traders preferred to enlarge holdings.
Restricted supply and pick-up in demand in physical markets also pushed up the prices.
At the NCDEX, the May contract moved up by Rs 20, or 1.87%, to Rs 1,090 per quintal, depicting an open interest of 2,090 lots.
The June contract went up by Rs.14, or 1.25%, to Rs 1,135 per quintal, showing an open interest of 15,340 lots.