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Indian soyoil futures fall, tracking overseas cues

© Provided by The Rahnuma Daily

March 9 (Reuters) – Indian soyoil futures fell on Thursday,tracking the soyoil contract on the Chicago Board of Trade(CBOT) and palm oil on the Bursa Malaysia Derivatives Exchange. Soybean oil on the Chicago Board of Trade was down 1percent, while Malaysian palm closed 1.3 percentlower. As of 1226 GMT, March soyoil futures were down 1.2percent at 652.50 rupees ($9.78) per 10 kg on the NationalCommodity & Derivatives Exchange Ltd (NCDEX). March soybean futures rose marginally to 2,805rupees per 100 kg. The April rapeseed contract fell 0.6 percent to3,843 rupees per 100 kg, while March corn futures weredown 1.3 percent at 1,420 rupees per 100 kg.($1 = 66.7200 Indian rupees) (Reporting by Sudarshan Varadhan; Editing by Subhranshu Sahu)

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