Indian soyoil futures rise, tracking foreign cues

NEW DELHI: Indian soyoil futures rose on Thursday, tracking soyoil on the Chicago Board of Trade and China’s Dalian Commodity Exchange.

December soybean oil contract on the Chicago Board of Trade was up 1.2 percent, while the September soybean oil on the Dalian Commodity Exchange was up 1 percent.

Indian August soyoil futures were up 0.8 percent at 644.45 rupees ($10.01) per 10 kg on the National Commodities and Derivatives Exchange as of 1456 GMT.

Rapeseed futures ended 0.4 percent higher at 3,691 rupees, while August soybean futures were 0.9 percent higher at 3,018 rupees.



Copyright Reuters, 2017

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