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India corn futures seen up on some demand.


Date: 12-02-2009
Subject: India corn futures seen up on some demand
 MUMBAI, Feb 12 (Reuters) - India corn futures may trade higher on Thursday on demand from poultry feed makers, though lack of export demand may limit gains, analysts said.

Prices showed a positive trend in the past one month as demand from local poultry feed-makers picked up after being dragged down in the recent months by a bird flu outbreak.

The March contract NMZH9 on the National Commodity and Derivatives Exchange last ended at 848.5 rupees per 100 kg, up 0.45 percent.


Source : REUTERS INDIA

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