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Maize futures improve on upbeat physical cues

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Press Trust of India New Delhi

Maize prices bolstered by Rs 6 to Rs 1,176 per quintal in futures trading today as operators opted to enlarge holdings, tracking rising physical markets leads.

Market players attributed uplift in maize futures prices to acceleration in demand for poultry feed makers amid short ready stocks in the markets.

At the National Commodity and Derivatives Exchange platform, maize delivery for June went up by Rs 6 or 0.51 per cent to Rs 1,176 per quintal, showing an open interest of 4,270 lots.

Likewise, the delivery for May gained Rs 5 or 0.43 per cent to Rs 1,169 per quintal, in an open interest of 1,890 lots.

 

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First Published: May 08 2018 | 11:55 AM IST

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