MUMBAI, May 25 (Reuters) - India corn futures may trade higher on Monday on export demand from Bangladesh, though any positive update on progress of monsoon into corn growing areas may trim gains, analysts said.
The June corn contract NMZM9 on the National Commodity and Derivatives Exchange last ended at 885.5 rupees per 100 kg, down 1.17 percent.
The south-west monsoon hit India's southern coastline on Saturday, ahead of the scheduled June 1.
India's monsoon rains are crucial for crops like corn, which are mostly rain-fed.
Traders estimate exports of 800,000 tonnes in the corn marketing year ending September.
The most-active July barley futures contract NBLN9 ended down 1.41 percent at 938.8 rupees per 100 kg on Saturday.
Source : REUTERS INDIA