Maize prices decline on lower domestic demand: USGC

Maize prices continued to decline on the futures as well as spot centres last week by an average 1.2% to Rs 13,174 tonne, mainly due to lower demand, according to the US Grains Council."Corn continued to tumble as there is lower demand frompoultry due to lower price realisation. On all India average prices have moved lower last week by 1.2% to Rs 13,174 per tonne," USGC India Representative Amit Sachdev said.Prices were reported to be down in Andhra Pradesh by 1.39% to Rs 12,572 per tonne, in Gujarat by 5% to Rs 12,804 per tonne, Rajasthan 2.96% to Rs 13,600 per tonne and Uttar Pradesh 0.31% to Rs 14,197 per tonne.However, prices were reported to be marginally up in Karnataka by 0.11% at Rs 12,014 per tonne, Madhya Pradesh by 0.34% at Rs 12,014, Maharashtra 0.40% at Rs 13,283 per tonne and Tamil Nadu 1.59% at Rs 13,404 per tonne.