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Maize futures up on spot sentiment


Maize prices firmed up by Rs 15 to Rs 1,470 per quintal in future trading today following fresh buying by speculators amid a firm trend at the physical markets.

Marketmen attributed the rise in maize prices to a firm trend at the spot markets on the back of pick up in demand amid thin supplies.

At the National Commodity and Derivative Exchange, maize for delivery in February advanced by Rs 15 or 1.03 per cent to Rs 1,470 per quintal, with an open interest of 9,350 lots.

While delivery in far-month March improved by Rs 8 or 0.54 per cent to Rs 1.479 per quintal, in an open interest of 3,510 lots.

(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)