Maize falls over over 1 per cent in futures trade

Image
Press Trust of India New Delhi
Last Updated : Aug 11 2014 | 12:30 PM IST
Maize prices declined by 1.14 per cent to Rs. 1,130 per quintal in futures trading today as participants trimmed positions amidst weak overseas as well as domestic market cues.
At the National Commodity and Derivatives Exchange counter, maize for delivery in current month - August contracts - dipped by Rs.13, or 1.14 per cent to Rs.1,130 per quintal, in an open interest of 12,690 lots.
The most-active September delivery contracts fell by Rs.13, or 1.10 per cent to trade at Rs 1,167 per quintal, with an open interest of 33,510 lots.
Marketmen said fall in maize prices at futures trade was due to offloading of positions by participants, taking weak cues from domestic and overseas markets.
*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

More From This Section

First Published: Aug 11 2014 | 12:30 PM IST

Next Story