India corn futures fall on profit-taking

MUMBAI, May 12 (Reuters) - Indian corn futures ended lower on Monday on arrival pressure of the winter crop and on profit-taking, analysts said.

"Traders booked profit now after some buying last week," said an analyst with Motilal Oswal Commodities Broker Pvt Ltd.

The most-active June futures NMZM8 rose 5.3 percent in the previous week.

At close, June futures were down 1.13 percent to 788.5 rupees per 100 kg on the National Commodity & Derivatives Exchange (NCDEX).

BARLEY:

Indian barley futures pared early losses and ended higher on demand from malt-makers, analysts said.

The futures fell in early trade on profit-taking after gains in the last three sessions, analysts said.

The most active June futures NBLM8 rose more than 4 percent in the last three sessions on demand from malt-makers.

At close, June futures ended 0.63 percent up at 1,178.6 rupees per 100 kg.

(Reporting by Sourav Mishra; Editing by Prem Udayabhanu)