Maize ends higher on upbeat buying interest 27/11/2014

Maize ends higher on upbeat buying interest
27/11/2014 09:59
Maize prices closed higher by 0.6 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. 1,173 per quintal, up by 0.6 per cent, after opening at Rs. 1,165 against the previous closing price of Rs. 1,166. It touched the intra-day high of Rs. 1,176 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.