India corn futures may dip on overnight CBOT falls
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)
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