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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.
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.
