Maize prices tad up in Purnea as rains hit arrivals.

Prices of rabi maize rose slightly in Bihar benchmark market of Purnea as arrivals have declined due to heavy rains. Mill-quality maize was sold up 5-10 rupees from the previous day. Arrivals of maize halved to 2,000 tonne from 4,000-4,500 tonne previous close. Farmers are not bringing much crop in markets, as some of the crops have been damaged due to hailstorms. Low demand for the moisture-laden crop checked any further gains in maize prices. Prices, however, are likely to fall in the coming days due to a likely bumper crop amid subdued demand.