India spot demand lifts maize futures.

Maize prices higher in futures trade as participants raised their bets, taking positive cues from the spot markets. In a similar fashion, the most-traded contracts, June advanced by Rs 5 or 0.43 per cent to Rs 1,180 per quintal, revealing an open interest of 3,400 lots. A firm trend at the spot markets following restricted arrivals from producing belts amid pick up in demand from feed makers in spot markets mainly led to the rise maize prices at futures trade.