Maize prices closed higher by 0.2 per cent on Thursday 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 October 2015 contract closed at Rs. 1,473 per quintal,
up by 0.2 per cent, after opening at Rs. 1,469 against the previous
closing price of Rs. 1,470. It touched the intra-day high of Rs. 1,478.
Commodity markets were shut on October 2, 2015 on account of Mahatma Gandhi Jayanti, the birth anniversary of the leader of India's fight for independence from British rule.
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.
Commodity markets were shut on October 2, 2015 on account of Mahatma Gandhi Jayanti, the birth anniversary of the leader of India's fight for independence from British rule.
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.
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