India soybean seen down on global mkts, imports.

MUMBAI, July 22 (Reuters) - Indian soybean and soyoil futures are likely to open lower on Wednesday tailing weakness overseas and on higher imports, analysts said.

But concerns of lower yields because of deficient rainfall over key growing areas will cap losses, they said.

India may import a record 8 million tonnes of vegetable oil in the year ending Oct 2009, the Solvent Extractors' Association said last week.

The benchmark October palm oil futures KPOc3 on Bursa Malaysia Derivatives Exchange was down 1.31 percent at 2,115 ringgit a tonne at 9:26 a.m.

The August soybean contract NSBQ9 on the National Commodity and Derivatives Exchange ended down 0.37 percent at 2,288 rupees per 100 kg in the previous trading session.