Maize ends higher due to surge in buying
18/12/2014 09:48
Maize prices closed higher by 1.19 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At the NCDEX, maize futures for December 2014 contract closed at Rs. 1,186 per quintal, up by 1.19 per cent, after opening at Rs. 1,155 against the previous closing price of Rs. 1,172. It touched the intra-day high of Rs. 1,195 USA, China and Brazil are the top three maize producing countries in the world while the prominent exporters of maize are USA, Argentina and Brazil. Chief importers are Japan, EU, Malaysia, Taiwan, Indonesia etc.
18/12/2014 09:48
Maize prices closed higher by 1.19 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At the NCDEX, maize futures for December 2014 contract closed at Rs. 1,186 per quintal, up by 1.19 per cent, after opening at Rs. 1,155 against the previous closing price of Rs. 1,172. It touched the intra-day high of Rs. 1,195 USA, China and Brazil are the top three maize producing countries in the world while the prominent exporters of maize are USA, Argentina and Brazil. Chief importers are Japan, EU, Malaysia, Taiwan, Indonesia etc.
