Do More With Reuters
Partner Services

India corn futures may dip on overnight CBOT falls

Fri Dec 5, 2008 9:58am IST
 
Email | Print | | Single Page
[-] Text [+]

MUMBAI, Dec 5 (Reuters) - Indian corn futures may fall in opening trades on Friday, tracking its counterpart on the Chicago Board of Trade (CBOT), which fell to a 15-month low on demand worry, analysts said.

However, prices may be supported by lack of domestic buying, they added.

December corn futures CZ8 on CBOT dropped 1.65 percent to $3.13 a bushel, their lowest since August 2007. See[ID:nSEO288890]

January corn NMZF9 on the National Commodity and Derivatives Exchange ended down 0.66 percent at 830.50 rupees per 100 kg in the previous session. (Reporting Abhishek Shanker; Editing by Ramya Venugopal)

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage