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Maize futures up 1.14 pc

Press Trust of India  |  New Delhi 

prices hardened by Rs 1.14 per cent to Rs 1,246 per in futures trade today on rise in holdings by investors in line with encouraging physical markets sentiments.

Marketmen said, participants built up positions driven by a strong demand for poultry feed makers and a pause in supplies from growing regions in the spot markets drove the upside movement in prices of futures.

At the National Commodity and Derivatives Exchange, for August delivery increased by Rs 14, or 1.14 per cent, to Rs 1,246 per quintal, with the business turnover of 10,720 open lots.

Meanwhile, the delivery for July went up by Rs 10, or 0.83 per cent, to Rs 1,210 per quintal, in an open interest of 1,970 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 12 2018. 12:35 IST