Maize exports form South Africa is effected due to damage of rail lines from rain effecting transport. This will support the prices of Indian maize in the coming days. Across the spot markets also the demand from the starch manufacturers is supporting the trend. The arrival of the first crop has also come to an end. Maize is sown over 10.34 lakh hectares against 10.8 lakh hectares as on 14th January. All these should ensure tightening of maize prices in the coming days. |
Whats Happening >