Maize prices rose 5.1 per cent to Rs 10,598 per tonne against Rs 10,083 per tonne last week on high demand, a US Grains Council (USGC) report has said.

On annual basis, the prices this week are 16.4 per cent higher compared to the year-ago period.

In Maharashtra, maize prices rose 8.61 per cent to Rs 10,715 per tonne, Andhra Pradesh 6.86 per cent to Rs 10,292 per tonne, Uttar Pradesh 4.73 per cent to Rs 10,933 per tonne, Karnataka 4.36 per cent to Rs 10,936 and in Rajasthan 1.53 per cent to Rs 10,963 per tonne.

Spot prices of maize in key markets were also up. While prices fell in Tamil Nadu by 4.06 per cent to Rs 10,460 per tonne, in Gujarat they were down marginally by 0.45 per cent to Rs 10,838 per tonne.

In Davangere, the prices rose 6.11 per cent to Rs 12,150 per tonne, Nizamabad 3.11 per cent to Rs 12,311 per tonne and in Karimnagar 2.63 per cent to Rs 12,275 per tonne.

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