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Maize futures advance Rs 28 per quintal

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Press Trust of India New Delhi
Maize futures hardened by Rs 28 to Rs 1,532 per quintal today after participants enlarged their positions, driven by a firm trend in spot markets.

Marketmen said positions widened by traders, tracking a firm trend at the spot markets on uptick in demand amid tight supplies, mainly influenced maize prices at futures trade.

At the National Commodity and Derivative Exchange, maize for most-active delivery in current month up by Rs 28, or 1.86 per cent to Rs 1,532 per quintal, in an open interest of 20,570 lots.

Similarly, maize for delivery in October month contracts marked higher by Rs 15, or 1.12 per cent to Rs 1,445 per quintal, depcting an open interest of 2,390 lots.
 

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First Published: Sep 02 2016 | 12:13 PM IST

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