NEW DELHI, June 14 India's July soyoil futures
rose on Wednesday, tracking soyoil on the Chicago Board of Trade
(CBOT) and China's Dalian Commodity Exchange.
Soybean oil on CBOT rose 0.1 percent, while the
September soybean oil contract on the Dalian Commodity Exchange
rose 0.6 percent.
Indian July soyoil futures were up 0.6 percent at
637.70 rupees ($9.93), as of 1332 GMT. The July rapeseed
contract closed 1.1 percent higher at 3,641 rupees per
July soybean futures closed 1.4 percent higher at
2,830 rupees on the National Commodities and Derivatives
Farmers' strikes in India's top soybean-producing state of
Madhya Pradesh over the last two weeks have created
uncertainties about supply, causing volatility in prices.
($1 = 64.2300 Indian rupees)
(Reporting by Sudarshan Varadhan; Editing by Sherry