Agri Commodity Tips: Maize ends higher as demand picks up on 4 September

Agri Commodity Tips:Maize prices closed higher by 0.65 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from traders and poultry industries. At the NCDEX, maize futures for September 2015 contract closed at Rs. 1,389 per quintal, up by 0.65 per cent, after opening at Rs. 1,374 against the previous closing price of Rs. 1,380. It touched the intra-day high of Rs. 1,390.

USA, China and Brazil are the top three maize generating countries in the world while the prominent exporters of maize are USA, Argentina and Brazil. Chief importers are Japan, EU, Malaysia, Taiwan, Indonesia etc.