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India oilseeds seen open down on weak global cues

Thu May 15, 2008 9:44am IST
 
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MUMBAI, May 15 (Reuters) - Indian soybean and rapeseed futures are likely to open lower on Thursday tracking weakness in global edible oil futures and crude oil, analysts said.

Soybean June futures NSBM8 on the National Commodity and Derivatives Exchange ended at 2,333.5 rupees per 100 kg, up 0.73 percent, in the previous session.

Rapeseed July futures NRSN8 ended at 596.4 rupees per 20 kg, up 0.50 percent in the previous session.

(Reporting by Sourav Mishra; Editing by Harish Nambiar)

 
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