Maize ends higher on bullish demand 27/04/2015

Maize ends higher on bullish demand
27/04/2015 09:19
Maize prices closed higher by 1.51 per cent on Friday 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 May 2015 contract closed at Rs. 1,209 per quintal, up by 1.51 per cent, after opening at Rs. 1,199 against the previous closing price of Rs. 1,191. It touched the intra-day high of Rs. 1,218
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.