MUMBAI, Dec 31 (Reuters) - India's soybean futures snapped losses of the past two sessions on Thursday, but weak overseas markets and poor exports of the commodity limited gains, analysts said.
The January soybean NSBF0 on the National Commodity and Derivatives Exchange was 0.19 percent up at 2,381 rupees per 100 kg at 11:17 a.m.
U.S. corn and soybean futures extended losses on Thursday as a strengthening dollar continued to weigh on the commodity markets. See [ID:nSGE5BU001]
India's oilmeal exports halved to 346,859 tonnes in November, its first monthly fall in three months, as soymeal prices rose following a poor oilseed crop and as shipments to Vietnam, Japan and China fell.
Source : REUTERS