Maize: a rally possible after pause - 11 June, 2016

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As per trade sources, maize output in Bihar is estimated to increase from 40 lakh tonne to 44 lakh tonne. Maize in Bihar’s market held strong at the previous level of Rs 1300 per quintal from the last few days due to good demand from Nepal & Bangladesh.
In Delhi, maize rose by Rs 10 to Rs 1460. The market may see a rally after a pause in the next 1-2 days.

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