Friday, 9 May 2014

Capital stroke NCDEX Update : MAIZE   9 MAY 2014

Maize prices seen under pressure on higher supplies of the crop in the domestic market. 

Supplies of maize in Gulabbagh, Bihar were about 12,000 quintal, up 5,000 quintal from the previous day.

However downside seen limited on higher supplies of the crop in the domestic market.

Technically market is under long liquidation as market has witnessed drop in open interest by -0.13% to settled at 23140 
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