Sunday 20 July 2014

Capital stroke NCDEX Update : MAIZE 21 July 2014



Maize trading range for the day is 1171-1241.
Maize prices dropped on pressure from expectations of large global supplies.
The delayed monsoon this year is likely to hit the sowing of maize, an important kharif crop, across India.
Poor rains since the start of the June-September season had raised concerns of a first drought in five years.

NCDEX accredited warehouses maize stocks gained by 350 tonnes to 24636 tonnes

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