Maize prices were trading higher by 1.08 per cent to Rs 1,310 per quintal in futures trade today as traders enlarged their positions in line with the rising trend in the physical market.
Marketmen said raising of positions by investors in tandem with a firm trend at the spot markets on the back of rising demand from poultry feed makers amid halt in supplies, led the rise in maize futures prices.
At the National Commodity and Derivatives Exchange, maize for August increased by Rs 14, or 1.08 per cent, to Rs 1,310 per quintal with an open interest of 1,030 lots.
The moist-active delivery in September advanced by Rs 14, or 1.06 per cent, to Rs 1,335 per quintal, having an open interest of 7,910 lots.
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