Maize futures up on speculative activity

Image
Press Trust of India New Delhi
Last Updated : Jun 10 2014 | 12:41 PM IST
Maize prices edged higher by Rs 21 to Rs 1,081 per quintal in futures trading today as participants created speculative positions.
At the National Commodity and Derivatives Exchange counter, maize prices for most-active near contracts July month advanced by Rs 21, or 1.98 per cent, to Rs 1,081 per quintal in an open interest of 37,380 lots.
Maize for the delivery in current month, June also up by Rs 16, or 1.55 per cent, to Rs 1,048 per quintal having an open interest of 10,800 lots.
Marketmen attributed rise in maize prices to speculative positions built-up by particpnants but ample supplies from growing regions, capped the gains.
*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: Jun 10 2014 | 12:41 PM IST

Next Story