NEW DELHI, April 11 Indian soybean futures rose
on Tuesday helped by higher demand even as agricultural
commodities in general witnessed a tepid trading session.
The April soybean contract was trading 0.4 percent
higher at 2,845 Indian rupees ($44.12) per 100 kg on the
National Commodity & Derivatives Exchange Ltd (NCDEX) as of 1136
GMT, snapping a three session losing streak.
"The soybean inventories in the exchange are lower than
expected and that has lead to higher demand," said Chowda Reddy,
an analyst at Inditrade Capital Ltd.
The April soyoil futures were largely flat at 633.30
rupees per 10 kg. The April rapeseed contract closed 0.3
percent lower at 3,802 rupees per 100 kg.
($1 = 64.4900 Indian rupees)
(Reporting by Sudarshan Varadhan; Editing by Vyas Mohan)