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This is an archive article published on November 19, 2009

Maize up on fresh buying

Maize futures prices rose 0.25 per cent at the National Commodity and Derivatives Exchange on Thursday on buying by traders.

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Maize futures prices rose 0.25 per cent at the National Commodity and Derivatives Exchange on Thursday on buying by traders.

Marketmen said fresh buying by traders at prevailing low levels pushed up maize futures prices.

Arrival of new crop into the physical market also influenced trading activity to some extent,they said.

At the NCDEX counter,December contract delivery for maize rose 0.25 per cent at Rs 994 per quintal with an open interest of 16,350 lots.

Current November contract also gained 0.20 per cent at Rs 948 per quintal with an open interest of 1,350 lots.

 

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