Maize ends higher by 0.53% as demand picks up 25/06/2014

Maize ends higher by 0.53% as demand picks up
25/06/2014 09:42
Maize prices closed higher by 0.53 per cent on Tuesday 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 July 2014 contract closed at Rs. 1,128 per quintal, up by 0.53 per cent, after opening at Rs. 1,123 against the previous closing price of Rs. 1,122. It touched the intra-day high of Rs. 1,136.
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.

Jeera closes higher as demand picks up 24/06/2014

Jeera closes higher as demand picks up
24/06/2014 09:57
Jeera prices closed higher by 3.98 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for July 2014 contract closed at Rs. 11,355 per quintal, up by 3.98 per cent, after opening at Rs. 10,990 against the previous closing price of Rs. 10,920. It touched the intra-day high of Rs. 11,355.
Sentiment improved further as a result of reduced domestic supplies in the physical markets and some export enquiries.
Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey.