Free Commodity Tips - Maize prices closed higher by 1.44 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 December 2015 contract closed at Rs. 1,547 per quintal, up by 1.44 per cent, after opening at Rs. 1,532 against the previous closing price of Rs. 1,525. It touched the intra-day high of Rs. 1,547.
USA, China and Brazil are the top 3 maize producing countries in the world while the prominent exporters of maize are USA, Argentina and Brazil. Chief importers are Japan ;EU; Indonesia ; Malaysia, Taiwan, etc.
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