Commodity updates: Maize prices ended lower by 1.28 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At NCDEX, maize futures for June 2015 contract closed at Rs. 1,155/quintal, down by 1.28 per cent, after opening at Rs. 1,171 against the previous closing price of Rs. 1,170. It touched the intra-day low of Rs. 1,155.
Barley prices closed lower by 1.24 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for June 2015 contract closed at Rs. 1,260.5 per quintal, down by 1.14 per cent, after opening at Rs. 1,272.5 against the previous closing price of Rs. 1,275. It touched the intra-day low of Rs. 1,260.
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