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Maize futures fall over 1%

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Press Trust of India New Delhi
Maize prices slipped by Rs 15 to Rs 1,365 per quintal in futures trading today after speculators trimmed their positions, tracking a weak trend at the spot markets.

Marketmen said the fall in maize futures was mostly attributed to arrivals of new crop in the markets from growing regions.

Moreover, subdued trend in overseas markets weighed on trading sentiments here, they quoted.

At the National Commodity and Derivative Exchange, maize delivery for March declined by Rs 15, or 1.09 per cent to Rs 1,365 per quintal with open interest of 4,750 lots.
 

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First Published: Feb 15 2016 | 12:22 PM IST

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