Maize On NCDEX Settled Flat At 1496



Maize on NCDEX settled flat at 1496 tracking weakness in overseas demand. As per trade sources, in Karnataka, stock of maize in the hands of Private traders could be around 500,000 MT, which was 3,00,000 MT during the corresponding period of last year. In Davangere, stock of maize could be around 50,000 MT which was 1,00,000 MT during the corresponding period of last year. China’s imports of corn and feed grains are set to slump after the government increased the amount auctioned from state reserves and domestic prices dropped to a decade low.

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