India corn futures may trade higher on Monday on renewed local demand and export demand from Bangladesh and Sri Lanka, analysts said.
However, some profit-taking at higher levels may trim gains, they added.
Demand from the local poultry feed industry has also started to pick up recently, analysts and traders said.
Prices had been softening for the last three months as a fall in local demand due to a bird flu outbreak coincided with the global slowdown, hitting exports, analysts said.
February futures NMZG9 on the National Commodity and Derivatives Exchange last ended at 850.5 rupees per 100 kg.
Source : REUTERS INDIA