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Indian soybean futures rise in choppy trading

© Provided by The Rahnuma Daily

NEW DELHI, March 20 (Reuters) – Indian soybean futures roseas much as 1.8 percent in choppy trade on Monday, its highestintraday gain in about a month, before settling 0.9 percenthigher. The most actively traded soybean futures closed 25rupees higher at 2,914 rupees ($44.58) per 100 kg on theNational Commodity & Derivatives Exchange Ltd (NCDEX). The price of the contract has fallen about 4 percent thismonth up to Friday’s close. April soyoil futures were down 0.1 percent at 644.45rupees per 10 kg as of 1322 GMT, tracking palm oil on the BursaMalaysia Derivatives Exchange. The April rapeseed contract closed almost flat at3,886 rupees per 100 kg. ($1 = 65.3700 Indian rupees) (Reporting by Sudarshan Varadhan; Editing by Biju Dwarakanath)

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