Maize futures ease on subdued physical cues

Press Trust of India  |  New Delhi 

prices fell by Rs 6 to Rs 1,310 per in futures trade today due to minimisation of holdings by participants in tandem with discouraging sentiments at the spot markets.

Marketmen said, the downfall in futures prices was due to tepid demand for poultry feed makers amid mounting of stocks on persistent arrivals.

At the National Commodity and Derivatives Exchange, delivery for September eased by Rs 6, or 0.46 per cent, to Rs 1,310 per quintal, in an open interest of 2,730 lots.

The delivery for August also showed a marginal fall of Rs 3, or 0.23 per cent, to Rs 1,277 per quintal, with an open interest of 7,730 lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 30 2018. 13:30 IST