MUMBAI, Nov 25 (Reuters) - Indian soybean futures are
expected to open up on Tuesday, tracking firm Malaysian palm
oil and on government measures last week to support edible oil
prices, analysts said.
The federal government last week imposed a 20 percent
import duty on crude soyoil and also allowed limited exports of
edible oils to support falling edible oil prices.
At 9:17 a.m., benchmark palm oil February futures contract
KPOc3 on the Bursa Malaysia Derivatives Exchange was up 2.49
percent at 1,525 ringgit a tonne.
Soybean January futures contract NSBF9 on the National
Commodity and Derivatives Exchange ended at 1,642 rupees per
100 kg, down 2.41 percent in the previous session.
Source : Retuers India