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Maize prices improved by Rs 28 to Rs 1,285 per quintal in futures trading today following increased buying by speculators on firm overseas market cues.
Marketmen said tracking firm global markets trend, speculators preferred to enlarge their holdings in maize in futures trading.
Restricted supply and pick up in domestic demand also gave a push to the prices, they said.
At the National Commodity and Derivatives Exchange, maize for August contract rose by Rs 28, or 2.23% to Rs 1,285 per quintal, with an open interest of 20,190 lots.
Most active near September contract too looked up by Rs 24, or 1.91% to Rs 1,278 per quintal, having an open interest of 29,410 lots.
