Commodity Maize weakens on selling at NCDEX
The Commodity Maize futures lowered almost Rs 15 per quintal in the trading days(last two) due to the reason that fresh bird flu cases were reported in north east region of India.
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| Commodity Maize |
As per commodity market sources, Indian Government has alerted of bird flu or avian influenza outbreak in Tripura, northeastern part of the country and another was reported to be from Agartala, the capital city of Tripura this lowers the commodity position of maize. As
As around 60% of the total maize is normally consume by poultry industries and due to this lowering at commodity MCX and NCDEX of maize is seen. The due to this the march contract has pared at rs 15 per quintal.
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